J&J, U.S. government plan one billion doses of coronavirus

New Post Public Reply Private Reply Replies (0) Message Board
wowhappens28
225
J&J, U.S. government plan one billion doses of coronavirus vaccine

https://www.reuters.com/article/us-health-cor...SKBN21H1OY

- Johnson & Johnson (JNJ.N) said on Monday that it and the U.S. government will invest $1 billion to create enough manufacturing capacity to make more than 1 billion doses of a vaccine it is testing to stop the new coronavirus that has killed more than 35,000 people around the world.

As part of the arrangement, the U.S. government will pay $421 to support the company’s efforts to build new manufacturing capacity in the United States.

J&J said it had selected its own lead vaccine candidate and would start human testing by September, with an eye on having it ready under an emergency use authorization in early 2021, far quicker than the typical 18 month period that it takes for vaccines to be tested, approved and then manufactured.

J&J Chief Scientific Officer Dr. Paul Stoffels told Reuters the company had to start ramping up manufacturing capacity now, even before it has a signal that its experimental vaccine candidate works. The company will start making the vaccine at risk, without knowing for sure that it works.

“That is the only option for us to get it on time,” Stoffels said in a phone interview.

The company has a manufacturing plant in the Netherlands that can make up to 300 million doses of vaccine, Stoffels said, adding that “absolutely will not be sufficient for the world.”

He said J&J is starting to build a plant in the United States now so it can be ready to manufacture vaccines by the end of the year, when data from its clinical trials will show whether the vaccine works.

Nearly half of the $1 billion will come from the U.S. Biomedical Advanced Research and Development Authority (BARDA), which is looking to expand on J&J’s previous collaboration with the agency.

Stoffels said the company is also scouting for manufacturing plants in other parts of Europe and Asia that are capable of making the type of vaccine the company is working on.

So far, J&J has not given any doses of its vaccine to humans. But Stoffels said the coronavirus vaccine will be based on the same technology used to make its Ebola vaccine, which has been widely used in people, and the company believes it will prove safe.

Safety testing of vaccines is even more important than for treatments as they are given to healthy people to prevent infection. That could be 1 billion people or more around the world.

In lab studies, the vaccine candidate has produced strong neutralizing antibodies to the virus - the type needed to make a successful vaccine.

J&J will continue testing the vaccine in animal studies this summer and plans to start human trials in September.

The new coronavirus, which began in Wuhan, China, has infected people in most countries around the world. The United States, with over 143,00 confirmed case of COVID-19 - the illness caused by the virus - has the most cases globally.

Moderna Inc (MRNA.O) this month began initial testing of it’s experimental coronavirus vaccine in healthy volunteers, making it the early front-runner in the race to develop a viable vaccine.
Scroll down for more posts ▼

Top 10 Most Recent News Articles

China Hour Expands Chinese Media Footprint in Africa

Updated Category News Views 2

An Ambitious Cross-Continental Media Play The airwaves are getting a new twist. This time, it's a blend of cultures, as China Hour makes an entrance in South Africa. That's right, folks—Jiangsu Broadcasting Corporation (JSBC) has set up camp alongside the South African Broadcasting Corporation (SABC), pushing a big media wave across the continent. If you've been...

Continue Reading
Dr. Rashedi Reveals Laughing Gas Safety for Kids

Updated Category News Views 3

Why Laughing Gas is a Game-Changer in Pediatric Dentistry You ever seen a kid freeze up like a deer in headlights at the dentist's office? I'm telling you, it's not just the sweet tooth nightmare but often the fear of that cold, intimidating chair. But let's talk about a game-changer: laughing gas or, known in the trade as nitrous oxide. Keeping Anxiety at Bay: The Role...

Continue Reading
Tuya Smart's AI Innovations Steal the Spotlight at IFA

Updated Category News Views 4

AI Taking Center Stage at IFA 2026 Amidst the chaos of tech exhibitions, something caught my attention—Tuya Smart's push in making AI a household name. Now, you might wonder why I’m bringing this up. Well, because it's not your typical flashy gadget talk. This is about Tuya parading their latest breakthroughs like a peacock at the world's stage, IFA 2026 in Berlin,...

Continue Reading
Freeport-McMoRan Hit with Legal Probe: What's Next?

Updated Category News Views 4

Investigating the Movers and Shakers at Freeport When legal hawks like Kahn Swick & Foti, LLC sink their teeth into something, you can bet it's not just to nibble. These folks have jumped headfirst into probing Freeport-McMoRan Inc. (NYSE:FCX), ready to dismantle any smoke screens that might have been thrown up after the unfortunate Grasberg Block Cave mine incident. The...

Continue Reading
LiberNovo Spotlights Ergonomic Seating at Berlin's IFA 2026

Updated Category News Views 0

LiberNovo Sets the Stage at IFA 2026 If you're poking around Berlin this September, the Messe Berlin is the place to be, especially for those keeping tabs on the consumer tech world. LiberNovo, the ergonomic seating company you might not have had on your radar, is out here making noise. They're throwing down the gauntlet with the Maxis Series, promising a better deal for...

Continue Reading
Papa John's Faces Securities Class Action Over Missteps

Updated Category News Views 3

Papa John's Stock Takes a Nosedive Here's a hot potato for you—Papa John's International, Inc. (NASDAQ: PZZA) just got slapped with a securities class action. This ain't a pie you want a slice of, not after the dough they lost in a day's trading frenzy. On August 6, our friends at Papa John's sent their investors scrambling as their stock tumbled from $29.75 to a stark...

Continue Reading
York Space Systems Faces Class Action Headwinds

Updated Category News Views 4

York Space Systems: Under Legal Fire You ever hear the one about York Space Systems? Yeah, their ticker YSS is buzzing for all the wrong reasons. Not even a year out from their IPO, and already they're tangled in a class action lawsuit that's got investors with their heads in their hands. ClaimsFiler, a shareholder information outfit, just blasted out a reminder for...

Continue Reading
PrimeBOT Shines at IFA 2026 with Innovative Awards

Updated Category News Views 6

A New Chapter in Home Robotics In today's tech-centric world, newcomers often confuse flash with substance. But every now and then, you catch a glimpse of something that might just change how the world spins. At this year's IFA 2026, PrimeBOT didn't just dip its toes into the limelight—it cannonballed right in, drumming up some serious buzz with its PrimeBOT T1 and...

Continue Reading
Virterion Surges Ahead in VPS Racing With Reliable Hosting

Updated Category News Views 3

Why Virterion Stands Out in 2026 VPS Landscape For anyone knee-deep in the hosting game, you know the market's got more players than a late-night poker round. Virterion, though—that's a name carving out a noticeable niche, and for solid reasons. In 2026, the backdrop's not just speed, it’s about matching technology and support with what ambitious developers need. VPS...

Continue Reading
Dreame Unveils Vast AI Product Range at IFA 2026

Updated Category News Views 1

Overnight Sensation or Future Staple? I wonder if Dreame's top brass woke up sweating or smiling after their big reveal at IFA 2026. A buffet of over 100 products across 16 categories is no small feat, especially when you're banking on technologies developed over nine years. But let's cut through the noise—does this showcase promise innovation or just smoke and mirrors?...

Continue Reading

Top 5 Most Recently Viewed Articles

MT Højgaard Danmark Takes Charge of Exciting Metro Expansion

Updated Category News Views 409

MT Højgaard Danmark Secures Major Metro Tender MT Højgaard Holding’s subsidiary, MT Højgaard Danmark, has successfully won a significant tender from Metroselskabet. This project involves the planning, development, and construction of two new metro stations situated on the M4 line, specifically in the developing area of Nordhavn in Copenhagen. Details of the Project...

Continue Reading
Teamsters Local 397 Celebrates Major Milestone with New Contract

Updated Category News Views 199

Teamsters Local 397 Celebrates Major Milestone with New Contract In a historic move, nearly 170 secretaries, nurses, and education assistants from a local school district have successfully ratified their very first contract with Teamsters Local 397. This monumental agreement marks a significant achievement after more than one year of organizing efforts and nine months of...

Continue Reading
Exploring the Dynamic Growth of the Medical Battery Sector

Updated Category News Views 166

Understanding the Medical Battery Market's Growth The medical battery market is undergoing a remarkable growth phase, expected to reach a valuation of US$ 3,146.57 million by 2033 from US$ 1,897.60 million in previous years. This impressive increase represents a robust CAGR of 5.78% from 2025 to 2033, showcasing the increasing importance of healthcare technology...

Continue Reading
Tampa General Hospital Innovates with New Outpatient Treatment Unit

Updated Category News Views 229

Tampa General Hospital's New Outpatient Cellular-Immunotherapy Unit Tampa General Hospital (TGH) is elevating cancer treatment by opening an outpatient Cellular-Immunotherapy Transplant Unit at the TGH Cancer Institute. This groundbreaking program empowers patients battling aggressive blood cancers such as leukemias, lymphomas, and multiple myeloma to receive vital cell...

Continue Reading
Bollinger Innovations Strengthens Stability: No More Reverse Splits

Updated Category News Views 166

Bollinger Innovations Takes a Firm Stand on Stock Splits Bollinger Innovations, Inc. (NASDAQ: BINI), an innovative electric vehicle manufacturer, has bold aspirations for the upcoming years. The company recently made headlines by announcing that it will not conduct any further reverse stock splits for at least the next three years. This strategic decision is critical for...

Continue Reading