Stopped Out on Johnson & Johnson but Willing to Buy it Lower

Stopped Out on Johnson & Johnson but Willing to Buy it Lower
·3 min read
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On Tuesday, J&J announced a partnership with rival Merck to ramp up their one-dose Covid vaccine even faster. Now that Johnson & Johnson's vaccine is approved for use, it was only fitting to partner with Merck to bring 30 million doses by the end of March and over 100 million doses in the first half of 2021. Gorsky said the cooperation between J&J, Merck, and the federal government, under the defense production act, has never been better.