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Monday, March 29, 2021

J&J to Supply Up to 400 Million Covid-19 Vaccine Doses to Africa

 Johnson & Johnson's Janssen Pharmaceutica NV on Monday said it agreed to make as many as 400 million doses of its single-shot Covid-19 vaccine candidate available to the African Union's 55 member states.

The company said it signed an agreement with the African Vaccine Acquisition Trust to supply up to 220 million doses beginning in the third quarter.

Janssen said the trust also has the potential to order an additional 180 million doses, for a total of up to 400 million doses through next year.

Janssen said availability of the vaccine is subject to approval or authorization by the regulatory authorities of Africa Union member states. The vaccine is already approved for use in the U.S. and European Union.

https://www.marketscreener.com/quote/stock/JOHNSON-JOHNSON-4832/news/J-J-to-Supply-Up-to-400-Million-Covid-19-Vaccine-Doses-to-Africa-32826265/

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