J&J Forecasts Strong Pharma Growth In 2021, But No COVID-19 Vaccine Update

Data from a high-profile Phase III COVID-19 vaccine trial will be released the first week of February, management said.

Investors were hoping to see the results of Johnson & Johnson's Phase III trial for a potential one-dose vaccine for COVID-19 when the firm released its fourth quarter financial results on 26 January, but management implored patience. CEO Alex Gorsky told the earnings call that the company will release the Phase III data next week, the first week of February.

With J&J's deep financial pockets and broad manufacturing capacity, the company's COVID-19 vaccine could greatly impact the speed of a...

Scrip Podcast

Keep up with the top pharma business news of the week. On the go.

Scrip brings you a weekly bulletin of top picks.

More from COVID-19

More from Scrip