Johnson & Johnson (JNJ)

$ 152.67
   
  • Change Today:
    $1.29
  • 52 Week High: $174.48
  • 52 Week Low: $144.45
  • Currency: US Dollars
  • Shares Issued: 2,407.08m
  • Volume: 556
  • Market Cap: $367,489m
  • RiskGrade: 87

Johnson & Johnson seeks approval for Covid-19 jab booster

By Abigail Townsend

Date: Thursday 21 Oct 2021

LONDON (ShareCast) - (Sharecast News) - Johnson & Johnson is seeking regulatory approval in the US for a booster shot for its Covid-19 jab.
The US company said it had submitted data to the US Food and Drug Administration after a Phase III study found a booster given 56 days after the first dose provided 94% protection against moderate to severe/critical Covid-19, and 100% protection against severe/critical infection, at least 14 days post booster vaccination.

Mathai Mammen, global head of Janssen Research and Development at J&J, said: "Our clinical programme has found that a booster of our Covid-19 vaccine increases levels of protection for those who have received our single shot vaccine to 94%. We look forward to our discussions with the FDA."

However, he also stressed: "We continue to recognise that a single-shot Covid-19 vaccine that provides strong and long-lasting protection remains a crucial component to vaccinating the global population."

Janssen Pharmaceuticals, the vaccine arm of J&J, received US regulatory approval for its vaccine in February. Unlike rival vaccines developed by Pfizer and AstraZeneca, Johnson & Johnson's is a cheaper, single-shot vaccine that does not require cold-chain storage.

Not all scientists agree that booster shots are necessary for Covid-19 vaccines. However, faced with low take-up levels in the US, the Biden administration is pushing for extra doses.

Late last month the president himself received a booster shot, noting at the time: "Boosters are important, but the most important thing we need to do is get more people vaccinated." According to Reuters, around 23% of people in the US have yet to receive a shot.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Johnson and Johnson Market Data

Currency US Dollars
Share Price $ 152.67
Change Today $ 1.29
% Change 0.85 %
52 Week High $174.48
52 Week Low $144.45
Volume 556
Shares Issued 2,407.08m
Market Cap $367,489m
RiskGrade 87

What The Brokers Say

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Trades for 15-May-2024

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15:59 100 @ $152.68
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