Get 40% Off
🚨 Volatile Markets? Find Hidden Gems for Serious Outperformance
Find Stocks Now

Third U.S. COVID-19 vaccine by J&J available in 1-2 days, CEO says

Published 03/01/2021, 07:44 AM
Updated 03/01/2021, 08:20 AM
© Reuters. Alex Gorsky, chairman and CEO of Johnson & Johnson, takes the stand as a witness in New Jersey Supreme Court in New Brunswick

By Susan Heavey

WASHINGTON (Reuters) - Americans should be able to receive Johnson & Johnson (NYSE:JNJ)'s COVID-19 vaccine within the next 24 to 48 hours, its chief executive said on Monday after U.S. regulators approved the vaccine, making it the country's third available one for the novel coronavirus.

The drugmaker was still on track to deliver 4 million vaccine doses this week, and 100 million doses by June, J&J CEO Alex Gorsky told NBC News' Today program in an interview.

"Within the next 24 to 28 hours, Americans should start receiving shots in arms. They're literally rolling out with the trucks as we speak," he said.

Shares of the pharmaceutical company were up 2.9% in premarket trading after the U.S. Food and Drug Administration approved its one-shot COVID-19 vaccine on Saturday. McKesson Corp (NYSE:MCK) earlier on Monday said it had begun distributing it.

Pfizer-BioNTech and Moderna (NASDAQ:MRNA) Inc have FDA-approved two-dose vaccines. Unlike those vaccines, J&J's version requires no refrigeration and only a single dose is needed, potentially facilitating wider use.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.