Get 40% Off
⚠ Earnings Alert! Which stocks are poised to surge?
See the stocks on our ProPicks radar. These strategies gained 19.7% year-to-date.
Unlock full list

White House says J&J COVID-19 shot shipments to be low until U.S. vaccine plant cleared by regulators

Published 04/09/2021, 12:42 PM
Updated 04/09/2021, 12:45 PM
© Reuters. FILE PHOTO: Vials and medical syringe are seen in front of J&J logo in this illustration

By Carl O'Donnell

(Reuters) - Johnson & Johnson (NYSE:JNJ) will ship relatively few COVID-19 shots around the United States until it receives regulatory clearance for a large vaccine plant in Baltimore that has struggled to meet quality control standards, a top White House Health official said on a Friday press conference.

J&J is working closely with the U.S. Food and Drug Administration to resolve the issues holding up authorization, said Jeff Zients, the White House's COVID-19 response coordinator.

Once J&J receives authorization for its Baltimore facility, it expects to start shipping 8 million doses per week towards the end of April, Zients said, adding J&J remains on track to deliver around 100 million shots by the end of May.

J&J's shot was authorized for use in the United States in late February but has faced production challenges in its Baltimore manufacturing facility, which is owned by Emergent BioSolutions Inc.

J&J has taken over operations of the facility after Emergent ruined 15 million J&J doses in recent weeks due to manufacturing errors.

Cases of COVID-19 have been rising in the United States, with the current seven-day average hovering around 64,000 new cases per day, U.S. Centers for Disease Control and Prevention director Rochelle Walensky said on the call.

The U.S. government plans to continue allocating shots based on population rather than surging doses to the areas that have been hardest hit by the virus, Zients said.

"We will be offering to states with significant increases in cases a set of additional tools to help them to stem the spread," including a surge of federal personnel to help states administer their existing dose supplies, Zients said.

"Today, millions of doses have been distributed but have not yet been administered as shots in arms," Zients added.

The United States remains on track to give out 200 million doses by President Joe Biden's 100th day in office, Zients said. It has so far dosed 112 million people and fully vaccinated 66 million people, he said.

© Reuters. FILE PHOTO: Vials and medical syringe are seen in front of J&J logo in this illustration

Top U.S. infectious disease expert Dr. Anthony Fauci said he has no concerns that COVID-19 cases reported in vaccinated people indicate any change in the effectiveness of authorized shots.

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.