Johnson & Johnson could turn from backward to winner in the race for global vaccine production from COVID-19

News

Johnson & Johnson could turn from backward to winner in the race for global vaccine production from COVID-19

13.08.2020 News

Johnson & Johnson was one of the first companies to devote large resources to the fight against COVID-19 and vaccine development, and was one of the first to receive support from the US government.

However, J&J is not currently one of the companies, who conducting clinical trials of its final vaccine candidates COVID-19 in humans. Among others, the leaders are now companies such as Pfizer and BioNTech, Moderna.

However, J&J is the world’s largest medical company with a huge resource, and its candidate for the COVID-19 vaccine, according to current data, has more privileges that can make it the biggest winner of all.

Johnson & Johnson may offer only one dose for strong immunity

J&J published on July 30 the results of a preclinical study of the leading candidate for the vaccine “Ad26.COV2-S”, on primates, they showed the formation of strong immune responses from the viral growths of high levels of neutralizing antibodies, which can be infected with coronavirus.

Particularly optimistic is that a strong immune suppressor primates took after a single dose of vaccine. although the company plans to include both single and double dosing in their planned studies in humans, chances are that it can confirm the effectiveness of a single injection of the vaccine. Potentially it may be cheaper and acceptable for government vaccination programs.

In addition to more potential priority of a single-dose approach, J&J also intends to charge a much lower fee for the vaccine than its main competitors.

Last week, J&J signed a deal with the US government to supply 100 million doses of Ad26.COV2-S for about $ 1 billion. By comparison, Pfizer and BioNTech will ship 100 million doses to the United States almost twice as expensive – $ 1.9 billion.

Lower prices with fewer doses may seem like an unwise strategy, however, experts are asking investors not to “write off J&J from the accounts” because, according to epidemiologists, COVID-19 can still “live” on our land for a long time. There is a high probability that vaccination against COVID-19 may be the same procedure as the traditional annual vaccination against influenza.

In the current environment, while continuing pandemic, J & J, probably will sell it at cost. A disposable, inexpensive vaccine from a world-renowned company can be very attractive to governments around the world. This can create good publicity for the vaccine and the potential for sales at a higher price later when added to the traditional annual vaccination calendar.

Investors will learn more about Johnson & Johnson’s Ad26.COV2-S vaccine in September, when the company moves to a later stage of the study.

Other articles

  • Pfizer submits the application to the FDA for permission to use the emergency vaccine of COVID-19 in November
    News

    Pfizer submits the application to the FDA for permission to use the emergency vaccine of COVID-19 in November

    Shares of the largest US pharmaceutical company Pfizer, down to 3.14% since the beginning of the year, rose to 3.83% on Friday on good news about its vaccine against the COVID-19. Currently, the mTNA candidate vaccine of BNT162b1, developed by Pfizer in the partnership with the German company BioNTech, the mechanism of the action of […]

  • J&J reported about the strong quarter
    News

    J&J reported about the strong quarter

    Shares of Johnson & Johnson, which rose till 1.44% over the past week, on Tuesday closed with a decrease of 2.3%, despite on the publication of a better-than-expected Wall Street experts, a report for 3 fin. quarter. Investors are concerned about the potential consequences of ending the large-scale study of the J&J vaccine against COVID-19, […]

  • Johnson & Johnson suspends the study of the COVID-19 vaccine due to unexplained disease in the participant
    News

    Johnson & Johnson suspends the study of the COVID-19 vaccine due to unexplained disease in the participant

    Shares of the Johnson & Johnson may slow because the last stimulus to it was the company’s transition to the final clinical trial of the vaccine against COVID-19 on September 23, after which the shares rose by more than 5%. However, as of Tuesday, before the opening of trading, the price of J&J shares did […]

  • Lamborghini has set the car sales record
    News

    Lamborghini has set the car sales record

    In September 2020, the Italian company Lamborghini sold 738 cars worldwide. This is a new record for the company, according to its website. At the same time, in the third quarter of 2020, 2,083 Lamborghini cars were sold worldwide. In the spring of this year Lamborghini was forced to close all its plants for two […]

  • Airbus will lay off 15,000 employees due to the quarantine
    News

    Airbus will lay off 15,000 employees due to the quarantine

    European airline Airbus will lay off 15,000 employees worldwide due to the restoration of the quarantine restrictions on the flights. This was stated by the Airbus Chief Operating Officer Michael Schollhorn. Prospects for the aviation industry deteriorated again due to the growing number of the coronavirus infections, he said. According to Schollhorn, the situation in […]

  • PepsiCo fully recovered from the crisis in the 3rd quarter
    News

    PepsiCo fully recovered from the crisis in the 3rd quarter

    The company PepsiCo announced the best results of its third quarter, which ended on September 5. Shares of the PepsiCo have fully recovered after the falling in February and March due to the coronavirus pandemic and show the increase of 1.4% since the beginning of the year and 17.34% over the past 6 months. Shares […]

  • Tiffany sued LVMH over the delay in the merger deal
    News

    Tiffany sued LVMH over the delay in the merger deal

    The multinational jewelry company Tiffany has filed a lawsuit in the court of the state of Delaware (USA) against the French luxury goods manufacturer LVMH (Louis Vuitton Moet Hennessy) for delaying the latest merger process. This was announced on Wednesday by the press service of the jewelry company. According to press service, LVMH group intentionally […]

  • France plans to restart the economy by € 100 billion
    News

    France plans to restart the economy by € 100 billion

    In France, the government has unveiled a draft plan to restart the 100 billion-euro economy amid a crisis over the coronavirus pandemic. This was reported by BFMTV on Thursday, September 3. The document was released by the Prime Minister Jean Castex after months of consultations with economists, trade unions and other stakeholders. This economic aid […]

Read also

Johnson & Johnson could turn from backward to winner in the race for global vaccine production from COVID-19
News

Bill Gates has invested nearly $ 80 million in the developer of satellite dishes

The American satellite company Kymeta announced the attraction of $ 85.2 million in the last round of financing. The round was led by Microsoft founder Bill Gates, who invested $ 78.5 million in the startup. Kymeta develops and manufactures high-speed satellite systems and antennas. The main product of the company is a flat satellite antenna […]

Next
Johnson & Johnson could turn from backward to winner in the race for global vaccine production from COVID-19
News

Ukrposhta has shared its plans for 2017

In the new year Ukrposhta will invest in its development up to 500 million UAH. It is reported by the press service of the national postal operator, referring to the words of the CEO – Ihor Smilianskyi. According to the original source, in the new year the investment plan is going to be increased in […]

Next
Johnson & Johnson could turn from backward to winner in the race for global vaccine production from COVID-19
News

Facebook blocked the Ukrainian community retailer LeBoutique for the use of another’s trademark

A few days ago the official Facebook-community of one of the Ukraine’s largest shopping clubs LeBoutique was unavailable. The community is quite popular; about 35 000 users signed for the page. As reported in AIN.UA shopping club, the community was blocked by administration of the social network for the use of someone else’s trademark. The […]

Next
Johnson & Johnson could turn from backward to winner in the race for global vaccine production from COVID-19
News

Malaysian company seriously interested in the airports of Ukraine

Malaysian companies can become participants in the management of the airports of Ukraine, Najib Razak (Najib Tun Razak) said Malaysian Prime Minister after talks with President of Ukraine Petro Poroshenko at a joint news conference in Malaysia. Julia Kovalev, First Deputy Minister of Economic Development and Trade of Ukraine explained, that here is we are […]

Next
Johnson & Johnson could turn from backward to winner in the race for global vaccine production from COVID-19
News

Alibaba’s Ant plans Hong Kong IPO, targets valuation over $200 billion

Fintech company Ant Group, a division of the Chinese Internet company Alibaba, plans to hold an initial public offering (IPO) on the Hong Kong Stock Exchange this year. This could become one of the largest IPOs in the world in 2020, according to Reuters citing sources aware of the situation. According to one of the […]

Next
Johnson & Johnson could turn from backward to winner in the race for global vaccine production from COVID-19
News

Coca-Cola sells the manufacturer of “Yarilo” kvass

The Antimonopoly Committee gave the permission to the Nova Trade LTD Baileys company for the  acquisition of more than 50% stake of the company “Kvass Beverages”, which is the part of the Coca-Cola Company Group. This is said in a statement of the regulator. The “Kvass Beverages”Company from Zaporizhzhya  produces kvass of live fermentation under  “Yarilo” […]

Next
Johnson & Johnson could turn from backward to winner in the race for global vaccine production from COVID-19
News

Statutory merger: Razer & Nextbit

The Razer company, which is engaged in the creation of gaming notebooks (the headquarters California, USA), became the owner of most of the assets Nextbit manufacturer, which produces “cloud smartphones” Robin. It is reported by the source InVenture. Also Razer staff with the acquisition includes all employees of Nextbit Systems Inc., including senior management. All […]

Next
Johnson & Johnson could turn from backward to winner in the race for global vaccine production from COVID-19
News

Shares of Volkswagen get down on 40%

Nordea, the €190bn (£135.6bn) Scandinavian fund manager, has become the first major investor to signal it is preparing to sue Volkswagen over the carmaker’s manipulation of emissions tests. Nordea Asset Management told reporters over the weekend that it planned to join “several different class actions” against Volkswagen. The emissions fixing scandal has left investors with billions of […]

Next
Johnson & Johnson could turn from backward to winner in the race for global vaccine production from COVID-19
News

Serbia opens its market for Ukrainian fowl

Ukraine and Serbia have approved a veterinary certificate form for export of fowl. The companies which can export to the EU only could perform the deliveries. Public service of Ukraine on safety issues of foodstuff and consumer protections (PSUSIFCP) and veterinary service of Serbia have approved a form of the veterinary certificate for export of […]

Next
Johnson & Johnson could turn from backward to winner in the race for global vaccine production from COVID-19
News

Kolomoiskyi closes Ukraine Today

In Ukraine it will be one less source of information. Ukraine Today is an online channel with International broadcasting, which is owned by Ukrainian businessman and former owner of Privat Bank Ihor Kolomoiskyi. The fact that in the near future Ukraine Today will stop their work became known from the publication of General Director of […]

Next
Johnson & Johnson could turn from backward to winner in the race for global vaccine production from COVID-19
News

Polish investors bought the part of shares of Astarta

Polish investors headed by the  Aviva Investors Poland bought more than 3% stake of the “Astarta-Kyiv” agro-industrial enterprise. This is stated in the issuer’s announcement on the Warsaw Stock Exchange site. According to the report, the Polish investment funds headed by the Aviva Investors Poland SA concentrated 3,002% of shares of Astarta Holding N.V. (Netherlands) – […]

Next
Johnson & Johnson could turn from backward to winner in the race for global vaccine production from COVID-19
News

In Ukraine will be produced of up to 50 medicine products from India

At the pharmaceutical plant “Kusum Pharm” in Sumy by the end of 2019 the production will be doubled, which will allow to produce up to 50 new names of drugs. This will be possible thanks to the implementation of the import substitution program. This was told reporters co-founder and CEO Rajeev Gupta, during an official […]

Next
Johnson & Johnson could turn from backward to winner in the race for global vaccine production from COVID-19
News

Ukrainian businessmen urged officials to raise the salaries of Ukrainians

Top managers of Ukrainian business are in no haste to predict the trends in the development of Ukrainian economy in 2017. Exactly about it reported the president of EEMEA Jacobs Douwe Egberts Taras Lukachuk on Thursday, January 26 on General meeting of European Business Association: Business climate in Ukraine, a global review (Ukraine’s Business Climate-Global […]

Next
Johnson & Johnson could turn from backward to winner in the race for global vaccine production from COVID-19
News

Arcelor Mittal has avoided a fine of 72 million UAH

The Supreme Commercial Court of Ukraine overturned the decision on the recovery of a fine in the amount of 72.7 million UAH to PJSC Arcelor Mittal Kryvyi Rih. This information was reported by the representatives of the Ukrainian industrial complex on December 20th. According to a statement, prosecutors claim was rejected, and the previous decision […]

Next
Johnson & Johnson could turn from backward to winner in the race for global vaccine production from COVID-19
News

Kiev bank intends to sue with the Creative of the $ 15 million debt

Kyiv bank “Piraeus Bank ICB” asks the Commercial Court of Kirovograd region to recover from the “Creative”company, which entering into the “Creative Group”, $ 15,629,000 of the loan debt,  – reports the “ProAgro”. This is stated in the bench ruling of the court from January 27, 2016. “Piraeus Bank ICB” filed a lawsuit to recover […]

Next
Johnson & Johnson could turn from backward to winner in the race for global vaccine production from COVID-19
News

Deutsche Bank staff questioned as part of Libor investigation

Current and former Deutsche Bank staff have been questioned by the Serious Fraud Office in recent weeks in relation to the investigation into Libor rate-rigging. Traders have been interviewed about the manipulation of the London interbank offered rate and its euro counterpart, Bloomberg has reported. The interviews come shortly after the conviction of former UBS […]

Next
WP2Social Auto Publish Powered By : XYZScripts.com