This Article is From Nov 15, 2020

Johnson & Johnson, US Government Expand Pact For Next Phase Of Covid Vaccine

Johnson & Johnson will commit approximately $604 million and the HHS Department's Biomedical Advanced Research and Development Authority will commit about $454 million.

Johnson & Johnson, US Government Expand Pact For Next Phase Of Covid Vaccine

Johnson & Johnson gets $454 million boost from the US government for next phase of Covid vaccine.

Johnson & Johnson and the US Department of Health and Human Services have expanded an agreement to support the next phase of COVID-19 vaccine candidate research and development, the company said on Saturday.

Under the agreement the company will commit approximately $604 million and the HHS Department's Biomedical Advanced Research and Development Authority will commit about $454 million to support the Phase 3 ENSEMBLE trial evaluating Janssen's investigational COVID-19 vaccine candidate as a single dose in up to 60,000 volunteers worldwide, the company said in a statement

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