The U.S. administration plans to purchase 100 million additional doses of Johnson & Johnson’s Covid-19 vaccine based on a report released by NBC News.
President Joe Biden is expected to announce his plans on Wednesday during a White House meeting with executives from J&J and Merck.
J&J now has an agreement with the U.S. government to supply 100 million doses by the end of June. The federal government has distributed 3.9 million doses of the vaccine last week and plans to distribute 16 million by the end of this month.
The announcement was made as the administration was working to increase J&J vaccine production as the company was lagging behind in vaccine production. The New York Times first reported in January that the delay was so unexpected that it led to a reduction in J&J’s drug supply.
According to a health advisor, Dr. Anthony Fauci noted that it is likely that everyone will be vaccinated between June and July. Market players believe that large-scale distribution of vaccines will accelerate economic growth.
