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3/2, 10:30 PM (Source: TeleTrader)
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Biden confirms J&J-Merck deal on vaccine production

United States President Joe Biden stressed on Tuesday that Jonhson&Johnson and Merck & Co. agreed to engage in joint production of the New Jersey-based company's coronavirus vaccine that was approved by the Food and Drug Administration (FDA) last week, confirming media reports.

Speaking at a presser in the White House, the president hailed "hard work" put by the Biden administration to "accelerate efforts" to reach the agreement.

Furthermore, Biden noted his administration is "on track to have enough vaccine supply for every adult in America by the end of May," adding that he expects life to get back to normal by "this time next year."

Breaking the News / GA