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CNBC BusinessMar 02, 2021
Biden to announce Merck will help make Johnson & Johnson's Covid vaccine


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Merck will help produce rival Johnson & Johnson's COVID-19 vaccine, Biden official says (Chicago Tribune Business News)

MarketWatch MarketPulseMar 02, 2021
President Biden to announce later Tuesday that Merck with help make J&J vaccine: Washington Post
President Joe Biden will announce later Tuesday that Merck & Co. will help make Johnson & Johnson's one-shot COVID-19 vaccine in an unusual agreement between two competitors that could lead to a significant boost in supply, the Washington Post reported Tuesday, citing unnamed senior administration officials. The deal was brokered by the government as it works to expand manufacturing of the vaccine, which was granted emergency use authorization by the U.S. Food and Drug Administration on Saturday. Merck is one of the world's biggest vaccine makers and its own effort to develop an effective COVID vaccine failed. Merck will dedicate two facilities in the U.S. to the effort with one providing "fill-finish" services, putting vaccine in vials for distribution, while the other will make the vaccine itself, said the paper. That could double the supply compared with what J&J can achieve on its own, it said. The U.S. vaccine program has been hampered by a shortage of supply of vaccines. J&J shares were slightly higher premarket, but have gained 14% in the last 12 months, while the S&P 500 has gained 26%. Merck shares were up 0.4%, and have fallen 11% in the last 12 months.

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Google Business NewsMar 02, 2021
Biden to announce ‘historic partnership': Merck will help make Johnson & Johnson coronavirus vaccine, officials say - Washington Post
Biden to announce ‘historic partnership': Merck will help make Johnson & Johnson coronavirus vaccine, officials say  Washington PostHere's when the US will see a lot more vaccine doses  CNN Johnson & Johnson Covid Vaccine Begins Rolling Out | NBC Nightly News  NBC NewsQ&A: Johnson & Johnson's vaccine is coming to San Diego. Here's what you need to know about it  The San Diego Union-Tribune
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