J&J expects up to $3.5 billion in COVID vaccine sales this year



Photographic illustration with several vials of vaccine  once morest COVID-19 and a syringe in front of the Johnson & Johnson logo.


© Archyde.com/Dado Ruvic
Photographic illustration with several vials of vaccine once morest COVID-19 and a syringe in front of the Johnson & Johnson logo.

Jan 25 (Archyde.com) – Johnson & Johnson on Tuesday estimated revenue of between $3 billion and $3.5 billion from its COVID-19 vaccine this year, up from the $2.39 billion it generated in 2021, despite the manufacturer of medicines faces manufacturing problems and uneven demand.

J&J’s single-dose injection, once touted as an important tool for vaccinating people living in hard-to-reach areas, has fallen behind in its delivery schedule in the United States and Europe.

The drugmaker faced quality problems at a Baltimore manufacturing plant last year, resulting in the disposal of millions of doses.

The forecast comes at a time when the company is looking to separate its consumer health unit and focus on its medical device and pharmaceutical businesses.

(Reporting by Manas Mishra in Bangalore; edited in Spanish by Marion Giraldo)

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