BRIEF-J&J says expects slowing growth of prescription drugs

Tue Jan 21, 2014 2:02pm EST

Jan 21 (Reuters) - Johnson & Johnson : * Jnj.n says expects 2014 effective tax rate of 18.5 to 19 percent,

above 2013 rate of 17.2 percent * Jnj.n says expects 2014 reported sales to grow 3.2 percent to 4.2 percent to

between $73.5 billion and $74.3 billion * Jnj says expects deceleration in pharmceuticals sales growth in 2014, but

increasing sales growth of medical devices and consumer products

FILED UNDER: