US to pay US$1 billion for 100 million doses of J&J's COVID-19 vaccine candidate

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The United States government will pay Johnson & Johnson over US$1 billion for 100 million doses of its potential coronavirus vaccine, its latest ...

WASHINGTON: The United States government will pay Johnson & Johnson more than US$1 billion for 100 million doses of its potential coronavirus vaccine, as it stocks up on vaccine and drugs in an attempt to tame the pandemic.

J&J is studying both one and two-dose regimens of its vaccine. Pfizer and BioNTech's candidate would require two doses per person treated. The drugmaker said on Wednesday it would deliver the vaccine to the Biomedical Advanced Research and Development Authority on a not-for-profit basis to be used after approval or emergency use authorization by the US Food and Drug Administration .

With the latest deal, President Donald Trump's administration has spent US$9.4 billion on vaccine agreements, with five companies agreeing to provide at least 700 million doses, according to an AFP tally.These deals, under Operation Warp Speed, foresee launching production in parallel with clinical trials, with the government taking the financial risk away from the private sector.

 

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