Johnson & Johnson and BARDA to Fund ~$1B in Research and Development of Novel COVID-19 Vaccines
Shots:
- The collaboration follows the existing partnership b/w J&J and BARDA while the company expects to initiate the clinical studies of selected vaccine candidates by Sept’2020 with the anticipated first batch of COVID-19 vaccine to be available for EUA in early 2021
- Under the new agreement- J&J and BARDA to invest ~1B in research- development & clinical testing of vaccines. J&J will utilize its validated vaccine platform and allocating resources to focus the efforts
- Additionally- J&J to establish new vaccine manufacturing capabilities in the US and production capacity outside the US to begin production of the vaccine- will enable to supply ~1B doses of vaccine globally
Click here to read full press release/ article | Ref: J&J | Image: Fierce Pharma
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