J&J's shipment of COVID-19 shots to drop next week

J&J's shipment of COVID-19 shots to drop next week
Jaimy Lee
·1 min read

Johnson & Johnson is expected to ship 700,000 doses of its COVID-19 vaccine on the week of April 12; however, that number is significantly lower than the roughly 4.9 million doses of J&J's vaccine that were allocated to states on the week of April 5. This is according to data from the Centers for Disease Control and Prevention. In total, J&J has shipped about 11.2 million doses of its single-shot vaccine since it was authorized in February, including the 700,000 doses expected to go out the week of April 12. J&J confirmed on March 31 that a batch of its vaccines did not meet quality standards at a plant run by Emergent BioSolutions Inc. , its U.S. manufacturing partner. J&J's stock is up 3.5% so far this year, while the broader S&P 500 has gained 8.5%.