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HomeGlobalUS company Johnson & Johnson stops production of COVID-19 vaccine: report

US company Johnson & Johnson stops production of COVID-19 vaccine: report

According to a J&J spokesperson, “J&J currently has millions of doses of the COVID-19 vaccine.”

American company Johnson & Johnson has COVID-19 Vaccine The construction work has been stopped for the time being. The New York Times reported on Tuesday that the company has temporarily suspended vaccine production at a major plant. According to the report, vaccine production was stopped at the end of last year in the Dutch city of Leiden. The report has cited people who have been involved in this decision.

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However, a company spokesperson, without confirming or denying the report, said that J&J continues to meet its vaccine delivery commitments. The New York Times reported that the factory, which is currently making an experimental vaccine, is expected to resume production of the COVID-19 vaccine in “a few” months.

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According to a J&J spokesperson, “J&J currently has millions of doses of the COVID-19 vaccine.” “We will continue to fulfill our contractual obligations between African Union and the Covax facility,” a company spokesperson said.

J&J forecasts sales for the COVID-19 vaccine at $3 billion to $3.5 billion in 2022, far lower than Pfizer’s forecast of $32 billion for the same period.

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The demand for the J&J vaccine has increased in developing countries because, unlike other alternatives, it does not need to be transported at very low temperatures. In addition, the vaccine was originally offered as a single-shot inoculation.

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