Johnson & Johnson to get €850m for potential vaccine

J&J is studying both one and two-dose regimens of its Covid-19 vaccine.

The US government will pay Johnson & Johnson over $1 billion (€850 million) for 100 million doses of its potential coronavirus vaccine, as it stocks up on vaccine and drugs in an attempt to tame the pandemic.

The latest contract is priced at roughly $10 (€8.40) per vaccine dose produced by J&J, or around $14.50 (€12.20) per dose, including a previous $456 million (€384 million) the US government promised to J&J for vaccine development in March. 

That compares with the $19.50 (€16.40) per dose that the US is paying for the vaccine being developed by Pfizer and German biotech BioNTech.

J&J, which has operations in both Limerick and Dublin, is studying both one and two-dose regimens of its vaccine. 

Pfizer and BioNTech’s candidate would require two doses per person treated. The drugmaker said it would deliver the vaccine to the Biomedical Advanced Research and Development Authority on a not-for-profit basis to be used after approval or emergency use authorisation by the US Food and Drug Administration. 

The US government may also purchase an additional 200 million doses under a subsequent agreement. J&J did not disclose that deal’s value.

As the race for vaccines and treatments for Covid-19 intensifies, the US government has been signing deals to buy them through its Operation Warp Speed programme. Other drugmakers who have signed deals include Sanofi and Regeneron. 

- Reuters