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Johnson & Johnson (NYSE:JNJ), Merck & Company, Inc. (NYSE:MRK) - Medically Necessary: Stimulus Bill Has Billions For Vaccine Distribution, Executive Orders Signal Supply Chain Focus And Merck Helps J&J Produce Vaccine

$5.2 billion for research and development related to vaccines or therapeutics. Some of that money could also go to manufacturing and production, but the bill doesnt specify how much.  The bills text focuses on COVID-19 but would also allow the agency to use the funds for other diseases. The Food and Drug Administration would receive $500 million. Part of that money would go toward facilitating COVID-19 vaccine manufacturing, inspecting manufacturers producing vaccines or therapeutics, and ove...
New York United States White House District Of Columbia Jeff Zients Peter Guinto

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