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Johnson & Johnson's Profit Is Boosted by Pharmaceuticals Business —Update

Provided by Dow Jones By Matt Grossman and Peter Loftus Strong sales growth from pharmaceuticals lifted Johnson & Johnsons revenue in the latest quarter, even as the coronavirus pandemic weighed on other parts of the companys business. As the health-products company nears the release of pivotal data from a final-stage study of its Covid-19 vaccine, Johnson & Johnson said the pandemic was continuing to drag down sales of its medical devices as people postponed elec...
Alex Gorsky Matt Grossman Joseph Wolk Peter Loftus Pfizer Inc Dow Jones Company Inc

Federal Vaccine Distribution Changes Draw Concern at Local Level

By Jared S. Hopkins and Peter Loftus Changes by the federal government to speed up Covid-19 vaccinations will increase doses available but might not help strapped health departments and hospitals give more shots more quickly, public health and hospital officials said. U.S. health officials said Tuesday that states should expand vaccine eligibility to people 65 years and older as well as those with pre-existing health conditions, a large group that most states didnt expect to inocula...
United States Helen Keipp Talbot Alex Azar Larry Hogan Jareds Hopkins Joe Biden

Some 200 Covid-19 vaccines in development: what's coming, when? With insights from The Wall Street Journal

Full membership of The Wall Street Journal is bundled with subscriptions to BizPremium, which also includes access to a weekly webinar with top SA stock market experts, an exclusive monthly update on the top performing BizNews Share portfolio, an interactive WhatsApp group and Alec Hogg’s daily Rational Perspective newsletter. All for just R105 (£4.99) a month – for more details click here.  Use Spotify? Access BizNews podcasts here. Use Apple Podcasts? Access BizNews podcasts here. Cov...
Chao Deng South Africa United Arab Emirates Alberto Cervantes Alec Hogg Georgi Kantchev

Moderna's Covid-19 Vaccine Is Cleared for American Use

Provided by Dow Jones By Peter Loftus and Thomas M. Burton U.S. health regulators on Friday permitted use of Moderna Inc.s Covid-19 vaccine, the second shot to get the green light to help end the deadliest pandemic in more than a century. The U.S. Food and Drug Administrations authorization of Modernas vaccine in people ages 18 years and older comes a week after the agency authorized the first shot in the U.S., from Pfizer Inc. and its partner BioNTech SE. T...
United States United Kingdom Thomasm Burton Peter Loftus Johns Hopkins University Regeneron Pharmaceuticals Inc

Moderna Shot Expected to Bolster U.S. Vaccine Efforts

Moderna Shot Expected to Bolster U.S. Vaccine Efforts © Hans Pennink/Associated Press Health officials across the U.S. are counting on the arrival of a second Covid-19 vaccine to boost scarce supplies and sidestep logistical issues encountered by the first vaccine, which began distribution this week. The U.S. Food and Drug Administration may issue an emergency authorization for a vaccine from Moderna Inc. as early as Friday after an advisory panel recommended the agency approve its use. If au...
United States Claire Hannan Anita Patel Peter Loftus Kristen Ehresmann Centers For Disease
Source: msn.com

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After Covid-19

Dec. 14, 2020 1:44 pm ET The arrival of a highly effective vaccine seems like as good a time as any for politicians to consider pausing their massive interventions in the U.S. economy. The Journal’s Peter Loftus, Melanie Grayce West and Christine Mai-Duc report: The first U.S. Covid-19 vaccinations outside of clinical trials began Monday, kicking off the most urgent mass immunization campaign since polio shots were rolled out in the 1950s... Pfizer is shipping out nearly three milli...
United States Donald Luskin Christine Mai Orla Mccaffrey Peter Loftus Moderna Inc
Source: wsj.com

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