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Johnson & Johnson 2022: Driving change, collaboration, and innovation

2022 has been marked by the first year of leadership under CEO Joaquin Duato and the anticipated separation of the company’s consumer health busines…

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2022 has been marked by the first year of leadership under CEO Joaquin Duato and the anticipated separation of the company’s consumer health business.  

By Andrew Humphreys • andrew.humphreys@medadnews.com

 

Johnson & Johnson

One Johnson & Johnson Plaza

New Brunswick, NJ 08933

732-524-0400 • jnj.com

Financial Performance
  2021 2020 1H 2022 1H 2021
Revenue $93,775 $82,584 $47,446 $45,633
Net income $20,878 $14,714 $9,963 $12,475
Diluted EPS $7.81 $5.51 $3.73 $4.67
R&D expense $14,714 $12,159 $7,165 $6,572
All figures are in millions of dollars, except EPS.

Best-selling Rx products

All sales are in millions of dollars.

2021 sales

  • Stelara $9,134 
  • Darzalex $6,023 
  • Imbruvica $4,369 
  • Invega Sustenna/Xeplion, Invega Trinza/ Invega Trevicta $4,022 
  • Remicade $3,190 
  • Xarelto $2,438 
  • COVID-19 Vaccine $2,385 
  • Zytiga/abiraterone acetate $2,297  
  • Simponi, Simponi Aria $2,276 
  • Tremfya $2,127 
  • Prezista, Prezcobix/ Rezolsta, Symtuza $2,083 
  • Opsumit $1,819 
  • Erleada $1,291 
  • Uptravi $1,237 
  • Edurant/rilpivirine $994 
  • Concerta/methylphenidate $667  
  • Risperdal Consta $592 
  • Invokana, Invokamet $563

 1H 2022 sales

  • Stelara $4,887 
  • Darzalex $3,842 
  • Invega Sustenna/Xeplion, Invega Trinza/ Invega Trevicta $2,102 
  • Imbruvica $2,008 
  • Remicade $1,310 
  • Tremfya $1,187 
  • Simponi, Simponi Aria $1,137 
  • Xarelto $1,117 
  • Zytiga/abiraterone acetate $1,044 
  • COVID-19 Vaccine $1,001 
  • Prezista, Prezcobix/Rezolsta, Symtuza $965 
  • Opsumit $881 
  • Erleada $850 
  • Uptravi $653 
  • Edurant/rilpivirine $473 
  • Concerta/methylphenidate $318  
  • Risperdal Consta $254 

Outcomes Creativity Index Score: 26

  • Manny Awards — N/A
  • Cannes Lions — 2
  • Clio Health — 3
  • Creative Floor Awards — 15
  • London International Awards – N/A
  • MM+M Awards — 4
  • One Show — 2

 

CEO Joaquin Duato

The onset of 2022 brought a new chief executive officer to Johnson & Johnson as outgoing CEO Alex Gorsky handed over the reins to Joaquin Duato. 

“In our industry, impact can and must always be quantified in numbers … The one that stands out most to me in 2021 is not a sales figure or market share. It’s our record investment of $14.7 billion in research and development – a 21 percent increase over our previous all-time-high investment in 2020,” stated Gorsky, who now serves as executive chairman of J&J. “R&D isn’t just the foundation of growth for our company – it’s the engine driving scientific progress in creating a healthier world. Johnson & Johnson has made an investment in innovation every year since 1886. And in doing so, every year we have taken on the responsibility of defining what we think healthcare can accomplish next.”

Behind Johnson & Johnson’s world-class pharma scientists, 2021 saw the advancement of exciting new medicines for some of the hardest-to-treat diseases, with the FDA approving two new products: Rybrevant (amivantamab-vmjw), the first targeted treatment for patients with non-small cell lung cancer with EGFR exon 20 insertion mutations, and Ponvory (ponesimod) for treating adults with relapsing forms of multiple sclerosis. J&J also continued to advance key pipeline programs, including the BCMA-directed CAR-T cell therapy program and the company’s entry into gene therapy with a concentration on retinal diseases.

2021 also saw the launch of more than 400 new Consumer Health products as the J&J segment’s employees prioritized the health of the planet via innovation. Also, toward the end of last year, management announced the planned separation of Johnson & Johnson’s Consumer Health business.

New consumer health company

J&J during November 2021 unveiled a plan to separate the Consumer Health business with the intention to create a new, publicly traded company. J&J is targeting completion of the intended separation in 2023, 18 to 24 months after the initial announcement. Management said the separation would create two worldwide leaders – the new Johnson & Johnson and the New Consumer Health Company – each better positioned to deliver improved health outcomes for patients and consumers via innovation, pursue more targeted business strategies and accelerate growth.

According to J&J executives, the intended separation is anticipated to create value for all stakeholders by aiming to achieve the following key goals: increase management focus, resources, agility and speed to effectively address differing industry trends and to better meet the needs of the new J&J and the New Consumer Health Company patients and consumers; further focus capital allocation based on the objectives of each independent company; provide each company with a compelling financial profile that more accurately reflects the strengths and opportunities of each business and, as a result, offers investors a more targeted investment opportunity; and align corporate and operational structures so each company is better able to drive growth and value creation.

Management says the New Consumer Health Company will be a global leader, touching the lives of more than 1 billion consumers worldwide every day through iconic brands such as Neutrogena, Aveeno, Tylenol, Listerine, Johnson’s, and Band-Aid and continuing a legacy of innovation.

According to management, the new Johnson & Johnson would remain the world’s largest and most diverse healthcare company and continue a commitment to lead in global healthcare R&D, with a portfolio that includes strong Pharmaceutical and Medical Device capabilities concentrated on advancing the standard of care through innovation and technology.

Thibaut Mongon was appointed CEO designate for the future-listed New Consumer Health Company during May 2022. At that time, Paul Ruh was named chief financial officer designate. Larry Merlo was tapped as non-executive chair designate in August 2022. Previously president and CEO of CVS Health, Merlo brings more than 30 years of purpose-driven and transformative health leadership to the board for the planned new company.

“It is an exciting time for the business and the industry at large,” Merlo stated. “With an iconic portfolio of consumer health brands, legacy of scientific rigor, category-creating innovation, and a digital-first mindset, there is no doubt that the planned New Consumer Health Company will be an industry force. I look forward to being part of this journey with Thibaut and the leadership team and making a positive impact on the health and wellness of over 1 billion people around the world that rely on these products every day.”

As this magazine was going to press, Johnson & Johnson announced Kenvue as the name for the planned New Consumer Health Company. 

$5 Billion Share Repurchase Program

On Sept. 14, 2022, Johnson & Johnson announced that the board of directors had authorized the repurchase of up to $5 billion of the company’s common stock. “The last few years have demonstrated the resilience of Johnson & Johnson. With continued confidence in our business and pipeline, the board of directors and management team believe that company shares are an attractive investment opportunity,” Duato stated. “With our strong cash flow and lowest level of net debt in five years, we have the ability to invest in innovation, grow our dividend, execute strategic acquisitions, and take this action to deliver shareholder returns and drive long-term growth.”

Financial performance

J&J’s global sales for the first fiscal six months of 2022 totaled $47.4 billion, representing growth of 4.0 percent, including an operational increase of 7.8 percent as compared to first-half 2021. Currency fluctuations had a negative impact of 3.8 percent during 2022’s first six months. The net impact of acquisitions and divestitures on global operational sales growth was a negative 0.2 percent.

Sales by U.S. companies during first-half 2022 amounted to $23.6 billion, with year-over-year growth of 2.5 percent. Management said the net impact of acquisitions and divestitures on the U.S. operational sales growth was a negative 0.1 percent. Sales by international companies totaled $23.8 billion, an increase of 5.5 percent versus first-half 2021, including an operational increase of 13.3 percent, and a negative currency impact of 7.8 percent. The net impact of acquisitions and divestitures on the international operational sales growth was negative 0.3 percent.

Sales by companies in Europe generated sales growth of 9.3 percent during January–June 2022, which included an operational increase of 20.1 percent and a negative currency impact of 10.8 percent. Sales by companies in the Western Hemisphere, excluding the United States, produced 8.1 percent growth, which included an operational increase of 9.9 percent, and a negative currency impact of 1.8 percent. J&J reported that sales by companies in the Asia-Pacific, Africa region during 2022’s first six months fell 0.2 percent, including an operational increase of 5.6 percent and a negative currency impact of 5.8 percent.

Pharma segment sales for J&J during the first six months of 2022 increased to $26.2 billion, representing 6.5 percent year-over-year growth, with an operational increase of 10.8 percent and a 4.3 percent negative currency impact. The company reported that U.S. Pharmaceutical sales improved 3.6 percent versus the same period in 2021. International Pharmaceutical sales rose 10.0 percent, including operational growth of 19.4 percent and a negative currency impact of 9.4 percent. For the first six months of 2022, the net impact of acquisitions and divestitures on the Pharmaceutical segment operational sales growth was a negative 0.1 percent.

Darzalex, Johnson & Johnson

The Darzalex (daratumumab) franchise for the treatment of multiple myeloma generated sales of $3.84 billion during the first fiscal half of 2022.

During Q2 2022, Pharmaceutical worldwide adjusted operational sales increased 12.4 percent, driven by Darzalex (daratumumab), a biologic for the treatment of multiple myeloma; Stelara (ustekinumab), a biologic for treating various immune-mediated inflammatory diseases; Erleada (apalutamide), a next-generation androgen receptor inhibitor for treating prostate cancer; Tremfya (guselkumab), a biologic for the treatment of moderate-to-severe plaque psoriasis and active psoriatic arthritis; and the long-acting, injectable atypical antipsychotics Invega Sustenna/Xeplion and Invega Trinza/Trevicta (paliperidone palmitate) for the treatment of schizophrenia in adults. An additional Q2 sales growth contributor was the Janssen COVID-19 Vaccine (Ad26.COV2.S) for the prevention of the SARS-CoV-2 virus. According to J&J, this growth was partially offset by sales decreases of the biologic Remicade (infliximab) for the treatment of several immune-mediated inflammatory diseases and the oral, once daily therapy Imbruvica (ibrutinib) for treating certain B-cell malignancies, a form of blood of lymph node cancer.

J&J’s MedTech segment generated sales of $13.9 billion during first-half 2022, representing 2.3 percent growth over the one-year-earlier time frame, with an operational increase of 5.9 percent and a negative currency impact of 3.6 percent. U.S. MedTech sales rose 3.5 percent versus first-half 2021. International MedTech sales improved 1.2 percent, including an operational increase of 8 percent and a negative currency impact of 6.8 percent. Net impact of acquisitions and divestitures on MedTech’s operational sales growth was a negative 0.1 percent.

MedTech worldwide adjusted operational sales for the company rose 3.4 percent, driven primarily by contact lenses and surgical vision products in J&J’s Vision franchise, and electrophysiology products in the Interventional Solutions business. Growth was partially offset by COVID-19 related mobility restrictions in certain regions, according to management. 

Consumer Health segment sales for J&J during the first six months of 2022 fell to $7.4 billion, down 1.4 percent versus the one-year-earlier period, including operational growth of 1.6 percent and a negative currency impact of 3.0 percent. U.S. Consumer Health segment sales dropped 3.5 percent year-over-year. International Consumer Health segment sales improved by 0.3 percent, including operational growth of 5.7 percent and a negative currency impact of 5.4 percent. The net impact of acquisitions and divestitures on Consumer Health’s operational sales growth in the 2022 first half was a negative 0.6 percent.

In the 2022 second quarter, Consumer Health global adjusted operational sales grew 2.9 percent. Major contributors to growth included upper respiratory and analgesic products in the international market of J&J’s OTC franchise as well as Imodium in digestive health products and Neutrogena in international Skin Health/Beauty.

“Our solid second-quarter results across Johnson & Johnson reflect the strength and resilience of our company’s market leadership in the midst of macroeconomic challenges,” Duato said. “I am continually energized by the focus and passion of my Johnson & Johnson colleagues and their dedication toward delivering transformative healthcare solutions to patients and consumers around the world.”

In reporting J&J’s first-half 2022 results, the company maintained full-year guidance at midpoints for adjusted operational sales and adjusted operational earnings per share; management said the strengthening U.S. dollar was impacting the estimate for reported results. As of July 2022, the company’s operational sales outlook for full-year 2022 was $97.3 to $98.3 billion, which would represent a 6.5 to 7.5 percent increase versus 2021. Estimated reported sales for 2022 were $93.3 to $94.3 billion, which would mark a 2.1 to 3.1 percent improvement over the 2021 amount. As of July 2022, the full-year outlook for adjusted EPS (diluted) was $10.00 to $10.10, which would be a 2.1 to 3.1 percent increase compared to the prior year.

Covid-19 vaccine

The World Health Organization (WHO) issued an updated Emergency Use Listing (EUL) for the Johnson & Johnson COVID-19 vaccine in April 2022, recommending the vaccine for use in boosted regimens in persons aged 18 years and older. According to the updated EUL, the Johnson & Johnson COVID-19 vaccine is recommend for use both as a homologous booster (same vaccine) after a single-dose primary vaccination and as a heterologous booster (“mix-and-match” vaccines) following a primary mRNA vaccine regimen. The WHO additionally recommended to extend the shelf-life of thawed vaccine stored at 2 to 8 degrees Celsius (36 to 46 degrees Fahrenheit) to 11 months within the vaccine’s maximum 24-month shelf-life when stored at -25 to -15 degrees Celsius.

With WHO’s updated guidance, J&J said in a homologous regimen the company’s vaccine may be administered for both primary vaccination of a single dose and as a booster shot as soon as two months later. In a heterologous regimen, the vaccine may be administered as a booster following the completion of primary vaccination with an approved mRNA COVID-19 vaccine, at the same dosing interval as that authorized for a booster dose of the vaccine used for primary vaccination.

The Johnson & Johnson COVID-19 vaccine booster additionally received Emergency Use Authorization from the FDA and a positive opinion from the EMA’s Committee for Medicinal Products for Human Use (CHMP).

J&J’s COVID-19 vaccine is made available globally via COVAX, the African Vaccine Acquisition Trust (AVAT) and other supply deals with governments, and access to the vaccine for some of the world’s most vulnerable people has been enabled through the COVAX Humanitarian Buffer. 

J&J struck a deal in March 2022 to enable the first COVID-19 vaccine to be manufactured and made available by an African company for people living in Africa, with the goal of increasing COVID-19 vaccination rates across the continent.

Product Approvals & pipeline updates

The Janssen Pharmaceutical Companies of Johnson & Johnson continue to develop a robust oncology portfolio and pipeline of investigational therapies. Janssen remains concentrated on developing and delivering tailored immunotherapy regimens to treat patients with multiple myeloma. Already a market leader in the multiple myeloma arena with Darzalex as one of the word’s best-selling prescription drugs, Janssen added a pair of new medicines to the multiple myeloma (MM) product portfolio during 2022 for help in treating the incurable blood cancer. 

Carvykti (ciltacabtagene autoleucel; cilta-cel) won FDA clearance in February 2022 for the treatment of adults with relapsed or refractory multiple myeloma (RRMM) after four or more prior lines of therapy, including a proteasome inhibitor (PI), an immunomodulatory agent (IMiD) and an anti-CD38 monoclonal antibody. The approval is based on clinical data from the pivotal CARTITUDE-1 trial, which included patients who had received a median of six previous treatment regimens (range, 3-18), and had previously received a PI, an IMiD and an anti-CD38 monoclonal antibody. 

The European Commission (EC) granted conditional marketing authorization during May 2022 for Carvykti for treating adults with RRMM who have received at least three prior therapies, including an IMiD, a PI and an anti-CD38 antibody, and have shown disease progression on the last therapy.

A chimeric antigen receptor T-cell (CAR-T) therapy, Carvykti features two B-cell maturation antigen (BCMA)-targeting single domain antibodies. In the pivotal CARTITUDE-1 trial, one-time treatment with ciltacabtagene autoleucel led to deep and durable responses, with 98 percent (95 percent Confidence Interval [CI], 92.7-99.7) of patients with RRMM responding to therapy (98 percent overall response rate [ORR] (n=97). Additionally, 78 percent of patients who responded experienced a stringent complete response.

There are several Phase III studies assessing Carvykti in earlier treatment settings, including first-line. Janssen Biotech entered into an exclusive worldwide license and collaboration agreement with Legend Biotech USA to develop and commercialize cilta-cel during December 2017.

Janssen’s Tecvayli (teclistamab) received the new medicine’s first approval anywhere worldwide in August 2022. The EC authorized the first-in-class bispecific antibody for treating patients with multiple myeloma. Conditional marketing authorization was granted for Tecvayli as monotherapy for treating adults with RRMM. Patients must have received at least three previous therapies, including an IMiD, a PI and an anti-CD38 antibody, and have demonstrated disease progression on the prior therapy.

Research shows that teclistamab redirects CD3-positive T-cells to B-cell maturation antigen (BCMA)-expressing myeloma cells to induce the killing of tumor cells. An off-the-shelf (ready to use) subcutaneously administered therapy, teclistamab induced deep and rapid responses in triple-class exposed patients with RRMM in clinical studies. The medication is being tested in several monotherapy and combination clinical trials.

The FDA and the EC each granted teclistamab Orphan Drug Designation for treating multiple myeloma during 2020. In January 2021 and May 2021, teclistamab received a PRIority MEdicines (PRIME) designation by the EMA and Breakthrough Therapy Designation (BTD) by the FDA, respectively. PRIME offers enhanced interaction and early dialog to optimize drug development plans and speed up assessment of cutting-edge, scientific advances that target a high unmet medical need. The FDA granted teclistamab Priority Review Designation during December 2021.

Carvykti and Tecvayli have joined Janssen’s lineup of MM medicines headlined by Darzalex and Darzalex Faspro (daratumumab and hyaluronidase-fihj), which have been approved in eight indications, three of which are in the frontline setting, including for newly diagnosed patients who are transplant eligible as well as those who are ineligible. Darzalex Faspro is the only subcutaneous CD38-directed antibody worldwide approved to treat MM patients. The product is co-
formulated with recombinant human hyaluronidase PH20 (rHuPH20), Halozyme’s Enhanze drug delivery technology. Darzalex Faspro became the first U.S.-approved therapy for light chain amyloidosis during January 2021. 

Janssen Biotech entered into an exclusive global license and development deal during August 2012 with Genmab to develop, manufacture, and commercialize Darzalex.

Janssen is also developing the new drug candidate talquetamab as a treatment for adult patients with relapsed or refractory multiple myeloma. The novel GPRC5DxCD3 bispecific antibody gained BTD from the FDA in June 2022 based upon clinical results from the Phase I/II MonumenTAL-1 trial.

The BTD for talquetamab was granted for treating adults with RRMM who have previously received at least four prior lines of therapy, including a PI, an IMiD and an anti-CD38 antibody. The investigational, off-the-shelf, T-cell redirecting bispecific antibody targets both GPRC5D, a novel drug target, on multiple myeloma cells and CD3 on T-cells. The June 2022 milestone represented the 12th BTD received by Janssen in oncology and the third such designation for the company’s portfolio of bispecific antibodies.

In the area of leukemia and lymphoma, Janssen continues to study Imbruvica with the goal of addressing unmet clinical needs and helping to improve outcomes for patients living with mantle cell lymphoma (MCL) and chronic lymphocytic leukemia (CLL).

Imbruvica, Johnson & Johnson

An oral once-daily therapy approved for use in treating certain B-cell malignancies, Imbruvica (ibrutinib) sales during first-half 2022 totaled more than $2 billion.

Imbruvica became the first Bruton’s tyrosine kinase inhibitor (BTKi) treatment for pediatric patients with chronic graft-versus-host disease (cGVHD) upon receiving U.S. marketing clearance in August 2022. The FDA approved the product for the treatment of pediatric patients 1 year and older with cGVHD after failure of one or more lines of systemic therapy. This milestone marks Imbruvica’s first pediatric indication and the introduction of a new oral suspension formulation for patients ages 1 to less than 12 years old. Imbruvica represents the first FDA-approved therapy for these younger patients who previously had no marketed treatment options for the life-
threatening disease.

Ibrutinib is jointly developed and commercialized by Janssen Biotech and AbbVie company Pharmacyclics. The medication blocks the BTK protein, which is needed by normal and abnormal B-cells, including specific cancer cells, to multiply and spread. By blocking BTK, the drug may help move abnormal B-cells out of their nourishing environments and inhibits their proliferation. 

Ibrutinib is approved for marketing in 100-plus countries and has been used to treat more than 250,000 patients. There are more than 50 company-sponsored clinical studies, including 18 Phase III trials, over 11 years assessing the efficacy and safety of ibrutinib. During October 2021, ibrutinib was added to the World Health Organization’s Model Lists of Essential Medicines (EML), which refers to products that address worldwide health priorities and which should be available and affordable for all.

Imbruvica originally received FDA approval in November 2013, and as of August 2022 is indicated in the United States for adults in six disease areas, including five hematologic cancers. Other U.S.-approved indications include CLL/small lymphocytic lymphoma (SLL), Waldenström’s macroglobulinemia (WM), MCL, and marginal zone lymphoma (MZL).

The EC in August 2022 approved a new treatment option with Imbruvica in an oral fixed-duration combo with venetoclax (I+V) for adults with previously untreated CLL. The marketing authorization is based on the pivotal Phase III GLOW and Phase II CAPTIVATE trial results, which evaluated the efficacy and safety of ibrutinib plus venetoclax in patients with previously untreated CLL. Imbruvica represents the first all-oral, once-daily, fixed-duration BTK inhibitor-based regimen for first-line treatment of CLL.

Ibrutinib was initially approved by the EC during 2014, and approved uses in Europe include other indications for CLL in addition to MCL and WM.

The Janssen Pharmaceutical Companies announced in June 2022 primary results from the Phase III SHINE trial, which showed that the combination of once-daily oral Imbruvica plus bendamustine-rituximab (BR) and rituximab maintenance significantly reduced the risk of disease progression or death by 25 percent compared to patients who received placebo plus BR and rituximab maintenance in patients aged 65 years or older with newly diagnosed MCL. Janssen says this trial is one of the largest clinical studies ever performed in first-line MCL and the first for a BTKi. The clinical data were published in the New England Journal of Medicine on June 3. 

Stelara

The biologic Stelara (ustekinumab), intended for the treatment of various immune-mediated inflammatory diseases, was Johnson & Johnson’s top-selling prescription medicine during the first six months of 2022 with sales of $4.89 billion.

Stelara (ustekinumab) garnered U.S. marketing clearance on July 29, 2022, as a treatment for pediatric patients with active psoriatic arthritis (PsA). U.S. regulators approved the medicine for treating pediatric patients 6 years of age and older with PsA, which affects five to eight percent of children and adolescents with chronic inflammatory arthritis. As the first biologic targeting both cytokines interleukin (IL)-12 and IL-23, Stelara provides a new therapeutic option for children at least 6 years of age living with PsA.

Two of the four indications for Stelara include pediatric patients, further expanding the drug’s treatment profile since initially receiving approval in September 2009 for adults living with moderate-to-severe plaque psoriasis (PsO). The fully human monoclonal antibody selectively inhibits IL-12 and IL-23, two cytokines believed to play a significant role in tempering the overactive inflammatory response in several autoimmune diseases. As one of the world’s top-selling prescription drugs, Stelara is marketed in the United States for treating moderate-to-severe plaque psoriasis, active psoriatic arthritis, moderately to severely active Crohn’s disease, and moderately to severely active ulcerative colitis.

Cabenuva (rilpivirine and cabotegravir) was approved by U.S. regulators in March 2022 for adolescents, expanding the indication of the first complete long-acting injectable HIV regimen. The medicine was approved for treating HIV-1 in virologically suppressed adolescents (HIV-1 RNA less than 50 copies per milliliter [c/mL]) who are 12 years of age or older, weigh at least 35 kg and are on a stable antiretroviral regimen, with no history of treatment failure, nor known or suspected resistance to either cabotegravir or rilpivirine.

Jointly developed as part of a collaboration with ViiV Healthcare, Cabenuva is the first complete long-acting HIV-1 treatment regimen to be made available for eligible adolescents. Cabenuva is available as a once-monthly or every-two-months treatment for HIV-1 in virologically suppressed adults and adolescents. The product contains ViiV’s cabotegravir extended-release injectable suspension in a single-dose vial and rilpivirine extended-release injectable suspension in a single-dose vial, a product of Janssen Sciences Ireland Unlimited Company, one of the Janssen Pharmaceutical Companies.

The FDA approved Cabenuva during January 2021 to be administered every month to adults living with HIV-1. In February 2022, the U.S. regulatory agency gave clearance for an expanded label for the drug to be administered every two months to adults living with HIV-1. The FDA approved a label update in March 2022 making the oral lead-in period optional for adults living with HIV-1 who planned to start the injectable treatment regimen. The oral lead-in period is additionally optional for adolescents.

The once-monthly and every-two-months version of cabotegravir and rilpivirine injectable treatment for adults has been cleared for marketing by the European Commission, Health Canada, the Australia Therapeutic Goods Administration, and the Swiss Agency for Therapeutic Products. Regulatory reviews continue with other filings planned throughout 2022.

Data for the blockbuster brand Tremfya was reported in September 2022 from the ongoing Phase IIIb GUIDE trial, which is designed to understand the impact of early intervention and potential dosing interval flexibility on the long-term disease course in adults with moderate-to-severe PsO. These new data showed that “super responders” to guselkumab who received every-16-week dosing maintained disease control (absolute Psoriasis Area and Severity Index [PASI] score <3) at a rate that was non-inferior to the approved every-eight-week dosing interval (92.6 percent vs 91.9 percent, P=0.001), meeting the clinical trial’s week 68 primary endpoint. 

Developed by Janssen, guselkumab represents the first marketed fully human monoclonal antibody that selectively binds to the p19 subunit of interleukin-23 and inhibits its interaction with the IL-23 receptor. Tremfya is available in the United States, Canada, Japan, and other countries for treating adult patients with moderate-to-severe PsO who may benefit from taking systemic therapy (injections or pills) or phototherapy (treatment using ultraviolet light), and for the treatment of adults with active PsA Tremfya is the first fully human selective IL-23 inhibitor therapy approved in the United States for adults with moderate-to-severe PsO and adults with PsA. Guselkumab is approved in the EU for treating moderate-to-severe plaque psoriasis in adults who are candidates for systemic therapy, and alone or in combination with methotrexate (MTX) for treating PsA in adult patients who have had an inadequate response or who have been intolerant to a prior disease-modifying antirheumatic drug therapy. 

Janssen reported in June 2022 data from Phase III trials showing patients treated with Tremfya achieved consistent, long-term efficacy through two years across the domains of PsA – including joint, skin, enthesitis, dactylitis, spinal pain and disease severity endpoints – irrespective of baseline characteristics. Further analyses demonstrated the medicine provided patients with sustained improvements in measures of health-related quality of life (HRQoL), including fatigue, pain, and work productivity.

Guselkumab is also being tested in Phase III studies in adults with moderately to severely active Crohn’s disease (EudraCT 2017-002195-13) and adults with moderately to severely active ulcerative colitis (EudraCT 2018-004002-25).

In the area of prostate cancer, the prospectively designed Phase III MAGNITUDE trial is testing the safety and efficacy of the combination of niraparib and abiraterone acetate (which is marketed by Janssen as Zytiga) plus prednisone in patients with homologous recombination repair (HRR)-gene mutated metastatic castration-resistant prostate cancer (mCRPC). The clinical data investigated HRR gene alterations beyond BRCA1/2, including PALB 2, CHEK2 and other mutations. Also, the Phase III ATLAS trial is evaluating if the addition of Erleada to a gonadotropin-releasing hormone agonist (GnRH) in participants with high-risk, localized or locally advanced prostate cancer receiving primary radiation therapy results in an improvement of metastasis-free survival. 

Niraparib is an orally administered, poly-ADP ribose polymerase (PARP) inhibitor being investigated by Janssen as a treatment for patients with prostate cancer. Ongoing clinical trials besides MAGNITUDE include the Phase III AMPLITUDE study exploring niraparib in combination with abiraterone acetate plus prednisone in a biomarker-selected patient population with metastatic castration-
sensitive prostate cancer (mCSPC); and QUEST, a Phase Ib/II trial of niraparib combination therapies for treating mCRPC. Janssen announced during April 2022 the filing of a Marketing Authorization Application (MAA) to the EMA seeking approval of niraparib in combination with abiraterone acetate, in the form of a dual-action tablet plus prednisone, based on the results of the Phase III MAGNITUDE trial for patients with prostate cancer who have progressed to mCRPC and are positive for homologous recombination repair (HRR) gene alterations.

The androgen receptor inhibitor Erleada is indicated for treating patients with non-metastatic castration-resistant prostate cancer (nmCRPC) and for treating patients with mCSPC. The product received FDA approval for nmCRPC during February 2018, and was approved for mCSPC in September 2019. More than 50,000 patients have been treated with Erleada around the globe.

New real-world evidence data were presented in February 2022 by Janssen showing the initiation of Erleada results in high rates of rapid and deep prostate-specific antigen (PSA) response among patients with mCSPC. In a separate post-hoc analysis of the registrational Phase III SPARTAN and TITAN trials, rapid and deep PSA responses with the drug were associated with improvement in patient-reported outcomes (PROs) related to quality of life, physical wellbeing, pain, and fatigue intensity.

Balversa (erdafitinib) is being evaluated in multiple clinical studies including the Phase III THOR (NCT03390504) trial testing the medicine versus standard of care, consisting of chemotherapy (docetaxel or vinflunine) or anti-PD-1 agent pembrolizumab, in participants with advanced urothelial cancer and selected FGFR aberrations with disease progression following one previous line of therapy. Additionally, the Phase II THOR-2/BLC2003 trial (NCT04172675) is examining Balversa compared to investigator choice of intravesical chemotherapy in participants who received Bacillus Calmette-Guérin and recurred with high-risk non-muscle-invasive bladder cancer.

Balversa is a once-daily, oral FGFR kinase inhibitor FDA-approved for the treatment of adults with locally advanced or metastatic urothelial carcinoma (mUC) that has susceptible FGFR3 or FGFR2 genetic alterations and has progressed during or following at least one line of platinum-containing chemotherapy, including within 12 months of neoadjuvant or adjuvant platinum-containing chemotherapy. Janssen entered into an exclusive global license and collaboration deal with Astex Pharmaceuticals during 2008 to develop and commercialize the drug.

Rybrevant is being evaluated in multiple clinical studies, including the Phase I/Ib CHRYSALIS-2 (NCT04077463) trial examining the combination of the product with lazertinib in patients who have progressed after treatment with osimertinib and chemotherapy; as first-line therapy in untreated advanced EGFR-mutated NSCLC in the Phase III MARIPOSA (NCT04487080) trial evaluating amivantamab in combination with lazertinib; the planned Phase III MARIPOSA-2 (NCT04988295) study to test the efficacy of lazertinib, Rybrevant and carboplatin-pemetrexed versus carboplatin-pemetrexed in patients with locally advanced or metastatic EGFR exon 19 deletion or exon 21 L858R substitution NSCLC after osimertinib failure; the Phase III PAPILLON (NCT04538664) trial assessing Rybrevant in combination with carboplatin-pemetrexed compared to chemotherapy alone in patients with advanced or metastatic EGFR-mutated NSCLC and exon 20 insertion mutations; and the Phase I PALOMA (NCT04606381) study exploring the feasibility of subcutaneous administration based on safety and pharmacokinetics and to determine a dose regimen and formulation for Rybrevant SC delivery.

Rybrevant gained FDA accelerated approval in May 2021 as the first targeted treatment for patients with non-small cell lung cancer with EGFR exon 20 insertion mutations. Rybrevant represents the first fully human, bispecific antibody approved in lung cancer. The simultaneous approval of a companion diagnostic aids in the identification of exon 20 insertion mutations, according to Janssen.

The oral, third-generation, brain-penetrant, EGFR tyrosine kinase inhibitor (TKI) lazertinib targets both the T790M mutation and activating EGFR mutations while sparing wild type-EGFR. Interim safety and efficacy results from the lazertinib Phase I-II trial were published in The Lancet Oncology during 2019. One year earlier, Janssen Biotech entered into a license and collaboration pact with Yuhan Corp. for the development of lazertinib.

Findings from the Xarelto (rivaroxaban) Phase III COMPASS Long-Term Open Label Extension (LTOLE) study and the Xarelto in Combination with Acetylsalicylic Acid (XATOA) registry were published in the European Society of Cardiology’s (ESC) European Heart Journal, Cardiovascular Pharmacotherapy. The XATOA registry also was presented at the American Congress of Cardiology’s 71st Annual Scientific Session. Johnson & Johnson said these studies provide further evidence supporting the role of dual pathway inhibition (DPI) with the Xarelto vascular dose (2.5 mg twice daily plus aspirin 100 mg once daily) in patients with coronary artery disease (CAD) and/or Peripheral Artery Disease (PAD).

The COMPASS open-label extension study results support the long-term use of Xarelto combined with aspirin for vascular protection in patients with chronic CAD and/or PAD. The XATOA registry provides additional evidence of the benefit of DPI for CAD and/or PAD patients at high risk of cardiovascular (CV) events.  

Xarelto has been prescribed more than 80 million times in the United States alone. The medicine works by slowing the body’s ability to clot by selectively blocking one of the clotting factors found in blood – an enzyme called Factor Xa (“10a”). The oral anticoagulant is intended for the prevention of deep vein thrombosis (DVT), which may lead to pulmonary embolism (PE) in patients undergoing hip or knee replacement surgery, to reduce the risk of stroke and systemic embolism in patients with nonvalvular atrial fibrillation, and for treating and reducing of risk of recurrence of DVT and PE to reduce the risk of major cardiovascular events in patients with CAD and PAD, for the treatment and secondary prevention of thromboembolism in pediatric patients, and for thromboprophylaxis in pediatric patients following the Fontan procedure.

Medical device updates

Ethicon, part of Johnson & Johnson MedTech, during June 2022 announced the U.S. launch of the Echelon 3000 Stapler, a digitally enabled device that provides surgeons with simple, one-handed powered articulation to help address the unique needs of their patients. Designed with 39 percent greater jaw aperture and a 27 percent greater articulation span, Echelon 3000 provides surgeons with better access and control over every transection, even in tight spaces and on challenging tissue. According to Ethicon, these features combined with software that provides real-time haptic and audible device feedback enable surgeons to make critical adjustments during procedures.

Mentor MemoryGel Boost Breast Implant was cleared for marketing by the FDA in January 2022. According to Mentor Worldwide, the No. 1 global brand in breast aesthetics and part of the Johnson & Johnson Medical Devices Companies (JJMDC), the implant provides the natural feel patients desire with increased form stability to shape the breast. A study demonstrated that patients and surgeons preferred the Mentor MemoryGel Boost Breast Implant as feeling more like a natural breast versus another leading brand.  

In other January 2022 news, a collaboration was announced with Microsoft to further enable and expand JJMDC’s secure and compliant digital surgery ecosystem. Management said the Microsoft Cloud will help JJMDC realize its vision of driving innovation that advances skills, improves workflow, and enhances surgical decision making for a better overall
customer experience and improved patient and economic outcomes. 

Renewed Commitment to Fight NTDs

Johnson & Johnson during June 2022 joined the worldwide community, including governments, foundations, non-profit organizations, and other pharma companies, to endorse the Kigali Declaration on Neglected Tropical Diseases. Together, they are recommitting to their long-established efforts to control and eliminate neglected tropical diseases (NTDs), a set of debilitating diseases that put at risk the health of 1.7 billion people globally, especially the most vulnerable and underserved. J&J is dedicated to combat the neglect impacting three major public health challenges: intestinal worms (soil-transmitted helminths or STH), dengue, and leprosy.  

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‘Excess Mortality Skyrocketed’: Tucker Carlson and Dr. Pierre Kory Unpack ‘Criminal’ COVID Response

‘Excess Mortality Skyrocketed’: Tucker Carlson and Dr. Pierre Kory Unpack ‘Criminal’ COVID Response

As the global pandemic unfolded, government-funded…

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'Excess Mortality Skyrocketed': Tucker Carlson and Dr. Pierre Kory Unpack 'Criminal' COVID Response

As the global pandemic unfolded, government-funded experimental vaccines were hastily developed for a virus which primarily killed the old and fat (and those with other obvious comorbidities), and an aggressive, global campaign to coerce billions into injecting them ensued.

Then there were the lockdowns - with some countries (New Zealand, for example) building internment camps for those who tested positive for Covid-19, and others such as China welding entire apartment buildings shut to trap people inside.

It was an egregious and unnecessary response to a virus that, while highly virulent, was survivable by the vast majority of the general population.

Oh, and the vaccines, which governments are still pushing, didn't work as advertised to the point where health officials changed the definition of "vaccine" multiple times.

Tucker Carlson recently sat down with Dr. Pierre Kory, a critical care specialist and vocal critic of vaccines. The two had a wide-ranging discussion, which included vaccine safety and efficacy, excess mortality, demographic impacts of the virus, big pharma, and the professional price Kory has paid for speaking out.

Keep reading below, or if you have roughly 50 minutes, watch it in its entirety for free on X:

"Do we have any real sense of what the cost, the physical cost to the country and world has been of those vaccines?" Carlson asked, kicking off the interview.

"I do think we have some understanding of the cost. I mean, I think, you know, you're aware of the work of of Ed Dowd, who's put together a team and looked, analytically at a lot of the epidemiologic data," Kory replied. "I mean, time with that vaccination rollout is when all of the numbers started going sideways, the excess mortality started to skyrocket."

When asked "what kind of death toll are we looking at?", Kory responded "...in 2023 alone, in the first nine months, we had what's called an excess mortality of 158,000 Americans," adding "But this is in 2023. I mean, we've  had Omicron now for two years, which is a mild variant. Not that many go to the hospital."

'Safe and Effective'

Tucker also asked Kory why the people who claimed the vaccine were "safe and effective" aren't being held criminally liable for abetting the "killing of all these Americans," to which Kory replied: "It’s my kind of belief, looking back, that [safe and effective] was a predetermined conclusion. There was no data to support that, but it was agreed upon that it would be presented as safe and effective."

Carlson and Kory then discussed the different segments of the population that experienced vaccine side effects, with Kory noting an "explosion in dying in the youngest and healthiest sectors of society," adding "And why did the employed fare far worse than those that weren't? And this particularly white collar, white collar, more than gray collar, more than blue collar."

Kory also said that Big Pharma is 'terrified' of Vitamin D because it "threatens the disease model." As journalist The Vigilant Fox notes on X, "Vitamin D showed about a 60% effectiveness against the incidence of COVID-19 in randomized control trials," and "showed about 40-50% effectiveness in reducing the incidence of COVID-19 in observational studies."

Professional costs

Kory - while risking professional suicide by speaking out, has undoubtedly helped save countless lives by advocating for alternate treatments such as Ivermectin.

Kory shared his own experiences of job loss and censorship, highlighting the challenges of advocating for a more nuanced understanding of vaccine safety in an environment often resistant to dissenting voices.

"I wrote a book called The War on Ivermectin and the the genesis of that book," he said, adding "Not only is my expertise on Ivermectin and my vast clinical experience, but and I tell the story before, but I got an email, during this journey from a guy named William B Grant, who's a professor out in California, and he wrote to me this email just one day, my life was going totally sideways because our protocols focused on Ivermectin. I was using a lot in my practice, as were tens of thousands of doctors around the world, to really good benefits. And I was getting attacked, hit jobs in the media, and he wrote me this email on and he said, Dear Dr. Kory, what they're doing to Ivermectin, they've been doing to vitamin D for decades..."

"And it's got five tactics. And these are the five tactics that all industries employ when science emerges, that's inconvenient to their interests. And so I'm just going to give you an example. Ivermectin science was extremely inconvenient to the interests of the pharmaceutical industrial complex. I mean, it threatened the vaccine campaign. It threatened vaccine hesitancy, which was public enemy number one. We know that, that everything, all the propaganda censorship was literally going after something called vaccine hesitancy."

Money makes the world go 'round

Carlson then hit on perhaps the most devious aspect of the relationship between drug companies and the medical establishment, and how special interests completely taint science to the point where public distrust of institutions has spiked in recent years.

"I think all of it starts at the level the medical journals," said Kory. "Because once you have something established in the medical journals as a, let's say, a proven fact or a generally accepted consensus, consensus comes out of the journals."

"I have dozens of rejection letters from investigators around the world who did good trials on ivermectin, tried to publish it. No thank you, no thank you, no thank you. And then the ones that do get in all purportedly prove that ivermectin didn't work," Kory continued.

"So and then when you look at the ones that actually got in and this is where like probably my biggest estrangement and why I don't recognize science and don't trust it anymore, is the trials that flew to publication in the top journals in the world were so brazenly manipulated and corrupted in the design and conduct in, many of us wrote about it. But they flew to publication, and then every time they were published, you saw these huge PR campaigns in the media. New York Times, Boston Globe, L.A. times, ivermectin doesn't work. Latest high quality, rigorous study says. I'm sitting here in my office watching these lies just ripple throughout the media sphere based on fraudulent studies published in the top journals. And that's that's that has changed. Now that's why I say I'm estranged and I don't know what to trust anymore."

Vaccine Injuries

Carlson asked Kory about his clinical experience with vaccine injuries.

"So how this is how I divide, this is just kind of my perception of vaccine injury is that when I use the term vaccine injury, I'm usually referring to what I call a single organ problem, like pericarditis, myocarditis, stroke, something like that. An autoimmune disease," he replied.

"What I specialize in my practice, is I treat patients with what we call a long Covid long vaxx. It's the same disease, just different triggers, right? One is triggered by Covid, the other one is triggered by the spike protein from the vaccine. Much more common is long vax. The only real differences between the two conditions is that the vaccinated are, on average, sicker and more disabled than the long Covids, with some pretty prominent exceptions to that."

Watch the entire interview above, and you can support Tucker Carlson's endeavors by joining the Tucker Carlson Network here...

Tyler Durden Thu, 03/14/2024 - 16:20

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International

Shakira’s net worth

After 12 albums, a tax evasion case, and now a towering bronze idol sculpted in her image, how much is Shakira worth more than 4 decades into her care…

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Shakira’s considerable net worth is no surprise, given her massive popularity in Latin America, the U.S., and elsewhere. 

In fact, the belly-dancing contralto queen is the second-wealthiest Latin-America-born pop singer of all time after Gloria Estefan. (Interestingly, Estefan actually helped a young Shakira translate her breakout album “Laundry Service” into English, hugely propelling her stateside success.)

Since releasing her first record at age 13, Shakira has spent decades recording albums in both Spanish and English and performing all over the world. Over the course of her 40+ year career, she helped thrust Latin pop music into the American mainstream, paving the way for the subsequent success of massively popular modern acts like Karol G and Bad Bunny.

In late 2023, a 21-foot-tall bronze sculpture of Shakira, the barefoot belly dancer of Barranquilla, was unveiled at the city's waterfront. The statue was commissioned by the city's former mayor and other leadership.

Photo by STR&sol;AFP via Getty Images

In December 2023, a 21-foot-tall beachside bronze statue of the “Hips Don’t Lie” singer was unveiled in her Colombian hometown of Barranquilla, making her a permanent fixture in the city’s skyline and cementing her legacy as one of Latin America’s most influential entertainers.

After 12 albums, a plethora of film and television appearances, a highly publicized tax evasion case, and now a towering bronze idol sculpted in her image, how much is Shakira worth? What does her income look like? And how does she spend her money?

Related: Dwayne 'The Rock' Johnson's net worth: How the new TKO Board Member built his wealth from $7

How much is Shakira worth?

In late 2023, Spanish sports and lifestyle publication Marca reported Shakira’s net worth at $400 million, citing Forbes as the figure’s source (although Forbes’ profile page for Shakira does not list a net worth — and didn’t when that article was published).

Most other sources list the singer’s wealth at an estimated $300 million, and almost all of these point to Celebrity Net Worth — a popular but dubious celebrity wealth estimation site — as the source for the figure.

A $300 million net worth would make Shakira the third-richest Latina pop star after Gloria Estefan ($500 million) and Jennifer Lopez ($400 million), and the second-richest Latin-America-born pop singer after Estefan (JLo is Puerto Rican but was born in New York).

Shakira’s income: How much does she make annually?

Entertainers like Shakira don’t have predictable paychecks like ordinary salaried professionals. Instead, annual take-home earnings vary quite a bit depending on each year’s album sales, royalties, film and television appearances, streaming revenue, and other sources of income. As one might expect, Shakira’s earnings have fluctuated quite a bit over the years.

From June 2018 to June 2019, for instance, Shakira was the 10th highest-earning female musician, grossing $35 million, according to Forbes. This wasn’t her first time gracing the top 10, though — back in 2012, she also landed the #10 spot, bringing in $20 million, according to Billboard.

In 2023, Billboard listed Shakira as the 16th-highest-grossing Latin artist of all time.

Shakira performed alongside producer Bizarrap during the 2023 Latin Grammy Awards Gala in Seville.

Photo By Maria Jose Lopez&sol;Europa Press via Getty Images

How much does Shakira make from her concerts and tours?

A large part of Shakira’s wealth comes from her world tours, during which she sometimes sells out massive stadiums and arenas full of passionate fans eager to see her dance and sing live.

According to a 2020 report by Pollstar, she sold over 2.7 million tickets across 190 shows that grossed over $189 million between 2000 and 2020. This landed her the 19th spot on a list of female musicians ranked by touring revenue during that period. In 2023, Billboard reported a more modest touring revenue figure of $108.1 million across 120 shows.

In 2003, Shakira reportedly generated over $4 million from a single show on Valentine’s Day at Foro Sol in Mexico City. 15 years later, in 2018, Shakira grossed around $76.5 million from her El Dorado World Tour, according to Touring Data.

Related: RuPaul's net worth: Everything to know about the cultural icon and force behind 'Drag Race'

How much has Shakira made from her album sales?

According to a 2023 profile in Variety, Shakira has sold over 100 million records throughout her career. “Laundry Service,” the pop icon’s fifth studio album, was her most successful, selling over 13 million copies worldwide, according to TheRichest.

Exactly how much money Shakira has taken home from her album sales is unclear, but in 2008, it was widely reported that she signed a 10-year contract with LiveNation to the tune of between $70 and $100 million to release her subsequent albums and manage her tours.

Shakira and JLo co-headlined the 2020 Super Bowl Halftime Show in Florida.

Photo by Kevin Winter&sol;Getty Images&rpar;

How much did Shakira make from her Super Bowl and World Cup performances?

Shakira co-wrote one of her biggest hits, “Waka Waka (This Time for Africa),” after FIFA selected her to create the official anthem for the 2010 World Cup in South Africa. She performed the song, along with several of her existing fan-favorite tracks, during the event’s opening ceremonies. TheThings reported in 2023 that the song generated $1.4 million in revenue, citing Popnable for the figure.

A decade later, 2020’s Superbowl halftime show featured Shakira and Jennifer Lopez as co-headliners with guest performances by Bad Bunny and J Balvin. The 14-minute performance was widely praised as a high-energy celebration of Latin music and dance, but as is typical for Super Bowl shows, neither Shakira nor JLo was compensated beyond expenses and production costs.

The exposure value that comes with performing in the Super Bowl Halftime Show, though, is significant. It is typically the most-watched television event in the U.S. each year, and in 2020, a 30-second Super Bowl ad spot cost between $5 and $6 million.

How much did Shakira make as a coach on “The Voice?”

Shakira served as a team coach on the popular singing competition program “The Voice” during the show’s fourth and sixth seasons. On the show, celebrity musicians coach up-and-coming amateurs in a team-based competition that eventually results in a single winner. In 2012, The Hollywood Reporter wrote that Shakira’s salary as a coach on “The Voice” was $12 million.

Related: John Cena's net worth: The wrestler-turned-actor's investments, businesses, and more

How does Shakira spend her money?

Shakira doesn’t just make a lot of money — she spends it, too. Like many wealthy entertainers, she’s purchased her share of luxuries, but Barranquilla’s barefoot belly dancer is also a prolific philanthropist, having donated tens of millions to charitable causes throughout her career.

Private island

Back in 2006, she teamed up with Roger Waters of Pink Floyd fame and Spanish singer Alejandro Sanz to purchase Bonds Cay, a 550-acre island in the Bahamas, which was listed for $16 million at the time.

Along with her two partners in the purchase, Shakira planned to develop the island to feature housing, hotels, and an artists’ retreat designed to host a revolving cast of artists-in-residence. This plan didn’t come to fruition, though, and as of this article’s last update, the island was once again for sale on Vladi Private Islands.

Real estate and vehicles

Like most wealthy celebs, Shakira’s portfolio of high-end playthings also features an array of luxury properties and vehicles, including a home in Barcelona, a villa in Cyprus, a Miami mansion, and a rotating cast of Mercedes-Benz vehicles.

Philanthropy and charity

Shakira doesn’t just spend her massive wealth on herself; the “Queen of Latin Music” is also a dedicated philanthropist and regularly donates portions of her earnings to the Fundación Pies Descalzos, or “Barefoot Foundation,” a charity she founded in 1997 to “improve the education and social development of children in Colombia, which has suffered decades of conflict.” The foundation focuses on providing meals for children and building and improving educational infrastructure in Shakira’s hometown of Barranquilla as well as four other Colombian communities.

In addition to her efforts with the Fundación Pies Descalzos, Shakira has made a number of other notable donations over the years. In 2007, she diverted a whopping $40 million of her wealth to help rebuild community infrastructure in Peru and Nicaragua in the wake of a devastating 8.0 magnitude earthquake. Later, during the COVID-19 pandemic in 2020, Shakira donated a large supply of N95 masks for healthcare workers and ventilators for hospital patients to her hometown of Barranquilla.

Back in 2010, the UN honored Shakira with a medal to recognize her dedication to social justice, at which time the Director General of the International Labour Organization described her as a “true ambassador for children and young people.”

On November 20, 2023 (which was supposed to be her first day of trial), Shakira reached a deal with the prosecution that resulted in a three-year suspended sentence and around $8 million in fines.

Photo by Adria Puig&sol;Anadolu via Getty Images

Shakira’s tax fraud scandal: How much did she pay?

In 2018, prosecutors in Spain initiated a tax evasion case against Shakira, alleging she lived primarily in Spain from 2012 to 2014 and therefore failed to pay around $14.4 million in taxes to the Spanish government. Spanish law requires anyone who is “domiciled” (i.e., living primarily) in Spain for more than half of the year to pay income taxes.

During the period in question, Shakira listed the Bahamas as her primary residence but did spend some time in Spain, as she was dating Gerard Piqué, a professional footballer and Spanish citizen. The couple’s first son, Milan, was also born in Barcelona during this period. 

Shakira maintained that she spent far fewer than 183 days per year in Spain during each of the years in question. In an interview with Elle Magazine, the pop star opined that “Spanish tax authorities saw that I was dating a Spanish citizen and started to salivate. It's clear they wanted to go after that money no matter what."

Prosecutors in the case sought a fine of almost $26 million and a possible eight-year prison stint, but in November of 2023, Shakira took a deal to close the case, accepting a fine of around $8 million and a three-year suspended sentence to avoid going to trial. In reference to her decision to take the deal, Shakira stated, "While I was determined to defend my innocence in a trial that my lawyers were confident would have ruled in my favour [had the trial proceeded], I have made the decision to finally resolve this matter with the best interest of my kids at heart who do not want to see their mom sacrifice her personal well-being in this fight."

How much did the Shakira statue in Barranquilla cost?

In late 2023, a 21-foot-tall bronze likeness of Shakira was unveiled on a waterfront promenade in Barranquilla. The city’s then-mayor, Jaime Pumarejo, commissioned Colombian sculptor Yino Márquez to create the statue of the city’s treasured pop icon, along with a sculpture of the city’s coat of arms.

According to the New York Times, the two sculptures cost the city the equivalent of around $180,000. A plaque at the statue’s base reads, “A heart that composes, hips that don’t lie, an unmatched talent, a voice that moves the masses and bare feet that march for the good of children and humanity.” 

Related: Taylor Swift net worth: The most successful entertainer joins the billionaire's club

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International

Delta Air Lines adds a new route travelers have been asking for

The new Delta seasonal flight to the popular destination will run daily on a Boeing 767-300.

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Those who have tried to book a flight from North America to Europe in the summer of 2023 know just how high travel demand to the continent has spiked.

At 2.93 billion, visitors to the countries making up the European Union had finally reached pre-pandemic levels last year while North Americans in particular were booking trips to both large metropolises such as Paris and Milan as well as smaller cities growing increasingly popular among tourists.

Related: A popular European city is introducing the highest 'tourist tax' yet

As a result, U.S.-based airlines have been re-evaluating their networks to add more direct routes to smaller European destinations that most travelers would have previously needed to reach by train or transfer flight with a local airline.

The new flight will take place on a Boeing 767-300.

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Delta Air Lines: ‘Glad to offer customers increased choice…’

By the end of March, Delta Air Lines  (DAL)  will be restarting its route between New York’s JFK and Marco Polo International Airport in Venice as well as launching two new flights to Venice from Atlanta. One will start running this month while the other will be added during peak demand in the summer.

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“As one of the most beautiful cities in the world, Venice is hugely popular with U.S. travelers, and our flights bring valuable tourism and trade opportunities to the city and the region as well as unrivalled opportunities for Venetians looking to explore destinations across the Americas,” Delta’s SVP for Europe Matteo Curcio said in a statement. “We’re glad to offer customers increased choice this summer with flights from New York and additional service from Atlanta.”

The JFK-Venice flight will run on a Boeing 767-300  (BA)  and have 216 seats including higher classes such as Delta One, Delta Premium Select and Delta Comfort Plus.

Delta offers these features on the new flight

Both the New York and Atlanta flights are seasonal routes that will be pulled out of service in October. Both will run daily while the first route will depart New York at 8:55 p.m. and arrive in Venice at 10:15 a.m. local time on the way there, while leaving Venice at 12:15 p.m. to arrive at JFK at 5:05 p.m. on the way back.

According to Delta, this will bring its service to 17 flights from different U.S. cities to Venice during the peak summer period. As with most Delta flights at this point, passengers in all fare classes will have access to free Wi-Fi during the flight.

Those flying in Delta’s highest class or with access through airline status or a credit card will also be able to use the new Delta lounge that is part of the airline’s $12 billion terminal renovation and is slated to open to travelers in the coming months. The space will take up more than 40,000 square feet and have an outdoor terrace.

“Delta One customers can stretch out in a lie-flat seat and enjoy premium amenities like plush bedding made from recycled plastic bottles, more beverage options, and a seasonal chef-curated four-course meal,” Delta said of the new route. “[…] All customers can enjoy a wide selection of in-flight entertainment options and stay connected with Wi-Fi and enjoy free mobile messaging.”

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