Afternoon Coffee: Merck vaccine production; Factory growth; Aavenir
Adobe Stock President Joe Biden announced that pharma giants Merck and Johnson & Johnson will come together to help produce J&J’s one-shot COVID-19 vaccine, according to CNBC. Under the deal, Merck will dedicate two facilities in the US to the vaccine — one to produce the vaccine and the other as a “fill-finish” service to place the vaccine in vials. The Department of Health and Human Services (HHS) said the US will invoke the Defense Production Act to invest $105 million for Merck to convert, upgrade and equip the company’s facilities to the standards to safely manufactur...
Source: spendmatters.com