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IPFS News Link • Vaccines and Vaccinations

White House Strikes $1BN Deal With Johnson & Johnson For 100 Million COVID-19 Vaccine Doses

• Zero Hedge - Tyler Durden


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Update (0910ET): JNJ shares are soaring in premarket trading after the company announced that it had struck a deal for 100 million doses of its COVID-19 vaccine candidate, the latest in a string of blockbuster deals for vaccine candidates as governments, including the US, UK, EU and Japan, scramble to stockpile vaccine doses before they're even approved.

BARDA, the US agency in charge of these deals, is pledging $1 billion+ for this deal, at roughyl $10/dose, making JNJ's one of the cheaper vaccine candidates.

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