Breaking News
0
Ad-Free Version. Upgrade your Investing.com experience. Save up to 40% More details

J&J Rises on EU Nod To Resume Vaccine Rollout

Stock MarketsApr 20, 2021 17:45
Saved. See Saved Items.
This article has already been saved in your Saved Items
 
© Reuters.

By Dhirendra Tripathi

Investing.com – Shares of Johnson & Johnson (NYSE:JNJ) erased their early losses and were up just short of 3% on securing the European regulator’s nod to resume supplies of its Covid-19 shots.

The company was able to convince the European Medicines Agency that the risk-reward ratio favored the application of the jabs, outscoring safety concerns.

The EMA’s Pharmacovigilance Risk Assessment Committee reviewed a small number of cases of very rare blood clots in combination with low platelet counts that can occur within one to three weeks following the injection.

The company has promised to carry, with the injection, a summary of product characteristics and leaflet to include important information on the diagnosis and management of this very rare adverse event.  

It said it remains committed to supplying 200 million doses of its vaccine to the E.U., Norway and Iceland.

The U.S. Centers for Disease Control and Prevention and the U.S. Food and Drug Administration currently are reviewing the same cases of blood clots.

The company earlier today raised its guidance for both sales and earnings per share after reporting healthy growth in its medical devices and pharmaceutical businesses.

J&J also saw the first $100 million in revenue from its Covid-19 shots.

The company increased its 2021 full-year guidance for adjusted operational sales growth to as much as 9.9% from 9.5% in January, and adjusted operational EPS growth to 16.8% from 16.4% earlier this year.

 

 

 

 

 

J&J Rises on EU Nod To Resume Vaccine Rollout
 

Related Articles

Former Virgin Galactic CEO to fly to space - CNBC
Former Virgin Galactic CEO to fly to space - CNBC By Reuters - Jul 24, 2021

(Reuters) - Former chief executive officer of Virgin Galactic Holdings, George Whitesides, will fly to space on the aerospace company's next test spaceflight, CNBC reported on...

Add a Comment

Comment Guidelines

We encourage you to use comments to engage with users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind: 

  • Enrich the conversation
  • Stay focused and on track. Only post material that’s relevant to the topic being discussed.
  • Be respectful. Even negative opinions can be framed positively and diplomatically.
  •  Use standard writing style. Include punctuation and upper and lower cases.
  • NOTE: Spam and/or promotional messages and links within a comment will be removed
  • Avoid profanity, slander or personal attacks directed at an author or another user.
  • Don’t Monopolize the Conversation. We appreciate passion and conviction, but we also believe strongly in giving everyone a chance to air their thoughts. Therefore, in addition to civil interaction, we expect commenters to offer their opinions succinctly and thoughtfully, but not so repeatedly that others are annoyed or offended. If we receive complaints about individuals who take over a thread or forum, we reserve the right to ban them from the site, without recourse.
  • Only English comments will be allowed.

Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.

Write your thoughts here
 
Are you sure you want to delete this chart?
 
Post
Post also to:
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Thanks for your comment. Please note that all comments are pending until approved by our moderators. It may therefore take some time before it appears on our website.
 
Are you sure you want to delete this chart?
 
Post
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Add Chart to Comment
Confirm Block

Are you sure you want to block %USER_NAME%?

By doing so, you and %USER_NAME% will not be able to see any of each other's Investing.com's posts.

%USER_NAME% was successfully added to your Block List

Since you’ve just unblocked this person, you must wait 48 hours before renewing the block.

Report this comment

I feel that this comment is:

Comment flagged

Thank You!

Your report has been sent to our moderators for review
Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.
Continue with Google
or
Sign up with Email