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JnJ pauses production of its COVID vaccine
New Delhi: Johnson & Johnson late last year quietly shut down the only plant making usable batches of its COVID-19 vaccine, the New York Times reported, citing people familiar with the decision.
The halt is temporary, with the Leiden plant expected to start making the vaccine again after a few months, the NYT report said.
J&J currently has millions of doses of its COVID-19 vaccine in inventory and it continues to provide all its fill-and-finish sites, including Aspen, with drug substance required to produce its shot, the company said in an email.
"We continue to fulfill our contractual obligations in relation to the COVAX Facility and the African Union," J&J said.
The facility, in the Dutch city of Leiden, has instead been making an experimental but potentially more profitable vaccine to protect against an unrelated virus, according to the report.
The drugmaker last month forecast as much as $3.5 billion in sales of its COVID-19 vaccine in 2022, a 46% jump, having fared poorly compared to rivals.
The company reported sales of $2.39 billion for the COVID shot in 2021, missing its own target of $2.5 billion, in a year marked by manufacturing stumbles, safety concerns and uneven demand for a vaccine once touted as a promising tool for inoculating populations in hard-to-reach areas.
With the Leiden plant temporarily unavailable, it could reduce the supply of the J&J vaccine by a few hundred million doses, the NYT report said, citing one of the people familiar with the decision.
Other facilities have been hired to manufacture the vaccine but they are either not up and running yet or have not received regulatory approval to make the shot, the report added.
Read also: Medical devices, prescription drugs boost JnJ earning in Q4
Ruchika Sharma joined Medical Dialogue as an Correspondent for the Business Section in 2019. She covers all the updates in the Pharmaceutical field, Policy, Insurance, Business Healthcare, Medical News, Health News, Pharma News, Healthcare and Investment. She has completed her B.Com from Delhi University and then pursued postgraduation in M.Com. She can be contacted at editorial@medicaldialogues.in Contact no. 011-43720751
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