JNJ
Johnson & Johnson rises as COVID-19 vaccine clears FDA panel vote
- Johnson & Johnson (NYSE:JNJ) has risen 1.9% postmarket after its
COVID-19 vaccine has won approval from an FDA advisory panel for
emergency
use authorization.
- That sets up final approval for emergency use of a third COVID-19
vaccine, after similar FDA OKs for vaccines from Pfizer/BioNTech (PFE,
BNTX) and Moderna (NASDAQ:MRNA).
- The advisers say the benefits of the vaccine outweigh the risks.
- The (nonbinding) vote of the Vaccines and Related Biological Products
Advisory Committee was unanimous.
- *Next steps:* If J&J's vaccine follows the path of the first two, it
could be approved by the full FDA tomorrow and be ready to distribute.
But
doses will be limited at first, with just a few million going out
immediately. The company has a deal to supply 100M doses by the end of
June.
- *Updated 5:43 p.m.:*Johnson & Johnson press release
|Today, 5:10 PM|79 Comments
Johnson & Johnson rises as COVID-19 vaccine clears FDA panel vote
- Johnson & Johnson (NYSE:JNJ) has risen 1.9% postmarket after its
COVID-19 vaccine has won approval from an FDA advisory panel for
emergency
use authorization.
- That sets up final approval for emergency use of a third COVID-19
vaccine, after similar FDA OKs for vaccines from Pfizer/BioNTech (PFE,
BNTX) and Moderna (NASDAQ:MRNA).
- The advisers say the benefits of the vaccine outweigh the risks.
- The (nonbinding) vote of the Vaccines and Related Biological Products
Advisory Committee was unanimous.
- *Next steps:* If J&J's vaccine follows the path of the first two, it
could be approved by the full FDA tomorrow and be ready to distribute.
But
doses will be limited at first, with just a few million going out
immediately. The company has a deal to supply 100M doses by the end of
June.
- *Updated 5:43 p.m.:*Johnson & Johnson press release
|Today, 5:10 PM|79 Comments
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