Reportedly, Johnson & Johnson (JNJ) has expanded its partnership with the Biomedical Advanced Research and Development Authority (part of the Office of the Assistant Secretary for Preparedness and Response (ASPR) at the U.S. Department of Health and Human Services) under its Janssen Pharmaceutical Companies unit for the ongoing development of Janssen’s investigational COVID-19 vaccine candidate. Janssen to contribute $604 million approximately and BARDA will commit approximately $454 million to support the ongoing Phase 3 ENSEMBLE trial reviewing Janssen’s investigational COVID-19 vaccine candidate as a single-dose in up to 60,000 volunteers worldwide.
Paul Stoffels, M.D., Vice Chairman of the Executive Committee and Chief Scientific Officer, Johnson & Johnson, stated, “We greatly value the ongoing confidence and support of our investigational COVID-19 vaccine candidate development program. Combined with our own significant investment, this agreement has enabled our vital research and development and underscores the importance of public-private partnerships to tackle the worldwide COVID-19 pandemic.”
Dow 30 component Johnson & Johnson (JNJ) is a worldwide healthcare focused company that embraces research and science so that it can provide customers with innovative ideas, products, and services. To learn more about Johnson & Johnson (JNJ) and to continue to track its progress visit the Vista Partners Johnson & Johnson Coverage Page.
If you liked this story please consider, visiting the Atossa Therapeutics (ATOS) dedicated page at Vista Partners to learn about the Seattle-based biotech firm’s work towards finding therapeutic treatments for Breast Cancer and the Coronavirus.
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