Latest Johnson & Johnson News

WHO clears China's CanSino COVID vaccine for emergency use

May. 19, 2022 08:41 AM EDT

GENEVA (AP) — The World Health Organization said Thursday that it has granted an emergency use authorization for the coronavirus vaccine made by China's CanSino Biologics, the 11th such shot to receive the green light. The U.N. health agency said the single-dose CanSino vaccine was...

Idaho announces $119 million opioid crisis settlement

May. 13, 2022 15:29 PM EDT

BOISE, Idaho (AP) — Idaho officials on Friday announced a $119 million settlement with drugmaker Johnson & Johnson and three major distributors over their role in the opioid addiction crisis. Republican Gov. Brad Little and Republican Attorney General Lawrence Wasden said...

South African firm says it may close its COVID vaccine plant

May. 12, 2022 11:59 AM EDT

JOHANNESBURG (AP) — The first factory to produce COVID-19 vaccines in Africa says it has not received enough orders and may stop production within weeks, in what a senior World Health Organization official described Thursday as a “failure” in efforts to achieve vaccine equity. ...

Protesters vent fury at French company for staying in Russia

May. 12, 2022 04:14 AM EDT

WARSAW, Poland (AP) — A man in a Russian military uniform stood at the entrance of a large home improvement store in Poland's capital, saluting shoppers and thanking them for funding Russian President Vladimir Putin’s war in Ukraine. His chest bedecked with medals, Polish...

FDA restricts J&J's COVID-19 vaccine due to blood clot risk

May. 06, 2022 00:29 AM EDT

WASHINGTON (AP) — U.S. regulators on Thursday strictly limited who can receive Johnson & Johnson’s COVID-19 vaccine due to the ongoing risk of rare but serious blood clots. The Food and Drug Administration said the shot should only be given to adults who cannot receive a...

Moderna Q1 profit triples on robust COVID vaccine sales

May. 04, 2022 13:47 PM EDT

COVID-19 vaccine sales helped Moderna triple its net income in a better-than-expected first quarter. The vaccine maker said Wednesday that revenue from its coronavirus preventive shots jumped to $5.92 billion from $1.73 billion in last year’s quarter, when the vaccines were...

Washington reaches $518M settlement with opioid distributors

May. 03, 2022 17:24 PM EDT

SEATTLE (AP) — Months into a complex trial over their role in flooding Washington with highly addictive painkillers, the nation's three largest opioid distributors agreed Tuesday to pay the state $518 million, with the vast majority being directed toward easing the addiction epidemic. ...

Judge lets Tulsa Race Massacre reparations lawsuit proceed

May. 02, 2022 21:23 PM EDT

An Oklahoma judge ruled Monday that a lawsuit seeking reparations for the 1921 Tulsa Race Massacre can proceed, bringing new hope for some measure of justice for three survivors of the deadly racist rampage who are now over 100 years old and were in the courtroom for the decision. ...

Signature Bank, Johnson & Johnson rise; Acadia, Netgear fall

Apr. 19, 2022 16:17 PM EDT

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Tuesday: Johnson & Johnson, up $5.42 to $183.08. The health care giant beat analysts’ first-quarter earnings forecasts and raised its dividend. Dentsply Sirona Inc., down...

J&J suspends COVID-19 vaccine sales forecast

Apr. 19, 2022 10:41 AM EDT

Johnson & Johnson is suspending sales forecasts for its COVID-19 vaccine only a few months after saying the shot could bring in as much as $3.5 billion this year. A global supply surplus and uncertainty about future demand — fueled in part by vaccine hesitancy in some...