New Jersey, US — The US government will pay Johnson & Johnson (J&J) more than $1bn for 100-million doses of its potential coronavirus vaccine, as it stocks up on vaccines and drugs in an attempt to tame the pandemic.

The latest contract is priced at roughly $10 per vaccine dose produced by J&J, or about $14.50 per dose, including a previous $456m the US government promised to J&J for vaccine development in March..

Subscribe now to unlock this article.

Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).

There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.

Cancel anytime.

Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.