Europe Faces Backlash For Importing JNJ COVID-19 Shots From South Africa: Reuters

  • Johnson & Johnson JNJ COVID-19 vaccines bottled and packaged at Aspen's site meant for Africa are exported to the European Union, the New York Times reported earlier this week. 
  • Even though South Africa ordered 31 million doses of J&J's shot back in April, the country is still waiting to receive the bulk of its order, the Times reported on Monday. Only 7.2% of the country's population is vaccinated so far.
  • Reuters reports that following the outpour of backlash, the European Commission maintained that the exports from Aspen's facility are only temporary.
  • WHO Director-General Tedros Adhanom Ghebreyesus told reporters that he was "stunned" by the revelation, urging J&J to prioritize shipments to Africa instead. 
  • From September, J&J will transfer all bottling operations for vaccines directed to the EU to the Leiden facility, the EU spokesperson said.
  • Price Action: JNJ shares are up 1.02% at $178.97 during the market session on the last check Thursday.
  • Photo by hakan german from Pixabay
JNJ Logo
JNJJohnson & Johnson
$155.25-0.08%

Stock Score Locked: Want to See it?

Benzinga Rankings give you vital metrics on any stock – anytime.

Reveal Full Score
Edge Rankings
Momentum
68.85
Growth
50.72
Quality
5.41
Value
21.46
Price Trend
Short
Medium
Long
Market News and Data brought to you by Benzinga APIs

Posted In:
Comments
Loading...