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Stock impact report

J&J eyes 'imminent' coronavirus vaccine production, aims for a billion doses worldwide [Yahoo! Finance News]

Johnson & Johnson (JNJ) 
Last johnson & johnson earnings: 4/14 06:31 am Check Earnings Report
US:NYSE Investor Relations: jnj.com
Johnson & JohnsonJNJinfects nearly 2 million people around the worldManufacturing “at risk” allows the world’s third largest pharmaceutical company to produce a product before its ultimate design is finalized and released to the public. The company plans to produce its COVID-19 vaccine in the Netherlands, and a facility it is updating in the United States.“We're manufacturing at risk to ensure that should the clinical development and the trials be successful, we are in a position to kind of flip the switch and ready to go, to create great access across the globe,” J&J CFO Joe Wolk told in an interview.J&J began developing its vaccine for COVID-19 in early January with its European subsidiary Janssen Vaccines & Prevention B.V. It’s using the same biological platform Janssen uses in developmental vaccines for Ebola, Zika and Influenza.DuringJ&J’s first quarter earnings call“Our goal is to enable the supply of more than 1 billion doses of the vaccine globally,” Stoffels said.Vaccine eye Show less Read more
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