Johnson & Johnson has found a batch of coronavirus vaccine that does not meet quality standards, the company said. Supplier Emergent BioSolutions at a plant in Baltimore manufactured the batch. This batch was not poured into ampoules and was not admitted to the final stages of production, the report said.
Against this background, shares of Emergent BioSolutions on the New York Stock Exchange fell 14.56% to $ 79. Shares of Johnson & Johnson fell 1.1% to $ 162.55 per share.
The Food and Drug Administration (FDA) have not yet certified emergent BioSolutions for the Johnson & Johnson vaccine. Due to the incident, the regulator began inspecting the plant.
Emergent BioSolutions is a partner of Johnson & Johnson and AstraZeneca. According to The New York Times, workers at the subcontractor’s factory accidentally mixed ingredients from Johnson & Johnson and AstraZeneca coronavirus vaccines. After that, Johnson & Johnson tightened control over the work of Emergent BioSolutions to avoid additional losses, the publication said.
A manufacturing error at a coronavirus vaccine plant resulted in the loss of 15 million doses of Johnson & Johnson, Bloomberg reported, citing two sources familiar with the situation.
The coronavirus vaccine, developed by Johnson & Johnson, was approved in the United States in February. Johnson & Johnson has become the third vaccine approved for use in the United States in an emergency. It requires only one injection. The company intends to supply 100 million single-dose vaccines to the United States in the first half of 2021. By the end of the year, Johnson & Johnson expects to deliver more than one billion doses of the vaccine.
Company Continues Strategic Expansion Adding New Service Capabilities, Talent, and Broadening Nearshore Footprint SAN JOSE, Calif.—January 5, 2023— GlobalLogic Inc., a Hitachi Group Company and Digital Engineering Leader, today announced the acquisition of Hexacta, a Pan-Latin-America digital and data engineering company. The acquisition is part of GlobalLogic’s continued strategy to expand its offerings, and its […]
Last year, the global medical device market reached $532.62 billion, according to Mordor Intelligence. Ukrainian engineers are involved in the projects of key players, which occupy almost 10% of the market. This share can be estimated at 50 billion US dollars*. Domestic specialists create more than a hundred software solutions of various levels. These include […]
Новий власник Twitter Ілон Маск доручив інженерам попрацювати над перезавантаженням Vine, яке може бути готове до кінця нинішнього року. Про це повідомляє Axios. Зазначається, що інженерам компанії необхідно вивчити стару кодову базу відеосервісу, яка не змінювалася та не оновлювалася з моменту закриття, а саме з 2016 року, коли з’ясувалося, що майданчик не витримує конкуренції. Втім, одне з […]
Credit Agricole has been ranked first in the social responsibility rating of the banking sector, created by Standard-Rating based on the 2022 half-year results. The rating agency commended the bank’s contribution to the economy of Ukraine. The bank has paid UAH 100 million in taxes in advance, while issuing UAH 1.2 billion in loans under […]
From October 1, drivers must turn on the dipped headlights of the car outside the city. This helps to additionally mark the vehicle in conditions of low visibility within the autumn-winter period. GlobalLogic reminds about the importance of compliance with traffic rules and tells about the developments of Ukrainian engineers that affect road safety. In […]
Intellias, a global software engineering and digital consulting company, has announced the completion of its acquisition of Digitally Inspired, a fast growing, UK based peer, focusing on the Retail and eCommerce industry. “I am delighted to welcome the Digitally Inspired team to Intellias. It is symbolic that Intellias’ twentieth anniversary coincided with signing an agreement […]
3×4, a Web3 fundraising platform for non-profits, has been launched in Ukraine to bring innovative crypto & NFT fundraising to the rising number of social impact causes. 3×4 helps non-profit organizations to fundraise utilizing NFTs in collaborations with artists and brands while providing donors utility, revenue and transparency. The idea of 3×4 was born in […]
In order to present existing opportunities and draw attention of the international business community, UkraineInvest organizes an international forum with the participation of leading business representatives and expert environment of Ukraine and the world. The need to rebuild Ukraine creates a variety of attractive investment projects aimed at contributing to shaping a new economy of […]
The State Labor Service conducted unscheduled inspections of gas stations, which resulted in thousands of violations. This was reported by the public organization Environmental Alliance Green City and published the response of the State Labor. “According to the information received, State Labor officials found 20,574 violations, for which documents were submitted to suspend work at […]Next
The State Property Fund of Ukraine representative informed that 99,99% of Ukrainian Bank for Reconstruction and Development (UBRD) had been sold to Bohai Commodity Exchange within the auction second round. The State Institution posted this information on the official web-site. The transaction value consists 82,8 million UAH. The asset’s cost of Ukrainian bank was underestimate […]Next
Since April of this year, Japanese companies and organizations involved in the development of the vaccines that protect against coronavirus infection, periodically experience cyber-attacks. This was announced on Monday, October 19, by Kyodo news agency, with the reference to the experts of the American company CrowdStrike, engaged in the cybersecurity. According to experts of the […]Next
IKEA’s parent company, Ingka Group, bought 4,500 hectares of forest in Georgia to protect the local ecosystem. Therefore, the holding plans to prevent the felling of trees in the US state. “The forest in the Altamaha River basin, where the rare gopher turtle lives, now belongs to the parent company IKEA,” the statement said. Commenting […]Next
On March 19, the High Court of Justice in London upheld the claim of the pharmaceutical company Darnytsia and seized the accounts of the company, which is an intermediary in the procurement of raw materials from the German company Farmaplant Fabrikation Chemischer Produkte GmbH for Borschagiv Chemical and Pharmaceutical Plant. It is about the British […]Next
The largest Chinese Internet company Alibaba Group Holding Ltd. will acquire from Auchan Retail International shares of the largest Chinese hypermarket operator Sun Art Retail Group for $ 3.6 billion, according to the press release from Alibaba. “Alibaba is investing $ 28 billion ($ 3.6 billion) to acquire … 70.94% of Auchan Retail’s stake in […]Next
Billionaire investor Carl Icahn made a statement that he is ready to pay for the purchase of the American company of automotive components production Pep Boys – Manny Moe & Jack $ 900 million, that is about $ 16.5 per share. Such a proposal of Icahn will prevent global acquisition by Japanese corporation Bridgestone, which […]Next
In the first quarter of 2021, the net outflow of foreign direct investment from Ukraine amounted to 301 million dollars. This was reported on the website of the National Bank. At the same time, negative reinvested earnings of $ 141 million were recorded. According to the NBU, investments in equity (excluding reinvestment of income) amount […]Next
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
Inflation in Ukraine in 2017 has an upward trend. Experts predict the order of 8%. With regard to the dollar – the assumption is not very comforting. All these things and more were discussed at the general meeting of the EBA Ukraine’s Business Climate-Global Outlook, which took place on January 26, 2017. In 2017 on […]Next
On the site of Guarantee Fund deposits of natural persons it was made public the information about getting by Fund two applications from potential contributors to get acquainted with the documentation and reports of the insolvent bank for finance of the financial institution. It is reported on its website source InVenture. Also on the site […]Next
Completion of the construction of the Russian Nord Stream-2 gas pipeline is scheduled for September 12. Bloomberg reported this on August 23, citing the maritime authorities of Germany. Laying of pipes in the waters of Germany is carried out by the Russian ship-pipelayer Fortuna. According to a message for seafarers sent by the German Department […]Next
Division of a major bank in Switzerland will pay to the USA government a fine of $ 99 million to settle the case to the complicity of American citizens in tax evasion, – reports The Wall Street Journal. In its defense, the bank’s representatives said that their establishment has never been support those who […]Next
After the closure of the Russian market, Milkiland determined priority markets of the European Union, the Middle East and China. CEO of the company Anatoly Yurkevich said it in an interview with “Business.” “We see a very simple way out of this situation: work in the domestic market, beginning to develop and manufacture products for […]Next
In the north of England, in the shire of Durham closed the last commercial coal mine Bradley Mine, which operated for almost 200 years. It is noted that the open coal sump, which produced 150 thousand tons of coal per year, decided to close after failed plans to expand production areas. Environmentalists have fought against […]Next
The Agricultural company “Volyn-Grain-Produkt” built a seed plant for the production of the soybean seeds, peas, wheat and barley. The official opening of the company is planned this year. This was said to the Latifundist.com by the founder of the company, Evgenyi Dudka. According to him, the company has tentatively made for themselves the soybean […]Next