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Stock impact report

Drugmakers race to scale up vaccine capacity [FT.com - Mergermarket]

Johnson & Johnson (JNJ) 
Last johnson & johnson earnings: 4/14 06:31 am Check Earnings Report
US:NYSE Investor Relations: jnj.com
April 28, 2020Print this pageBe the first to know about every new storyIn the aftermath of the September 11 terror attacks, President George W Bush guaranteed that the would pay $5.6bn for the production of vaccines and other countermeasures against bioterrorism.That funding model, which led to the development of novel smallpox and anthrax prophylactics, will soon be deployed in the fight against Covid-19, as organisations including the Bank and the Bill & Melinda Gates Foundation rush to underwrite the enormous costs of vaccine efforts.But with more than 80coronavirus vaccine candidates“We’re making some fairly substantial investments even before having phase-one clinical trial results,” says Richard Hatchett, a veteran of the Bush and Obama administrations who now leads theCoalition for Epidemic Preparedness Innovations (Cepi).Making investment decisions at such an early stage, adds the head of Cepi, which is co-ordinating funding for several international Covid-19 efforts, is fr Show less Read more
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