Sanofi can produce up to 600M doses of COVID-19 vaccine

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Sanofi can produce up to 600M doses of COVID-19 vaccine

In an interview, Sanofi (NASDAQ:SNY) chief Paul Hudson said the company can produce up to 600M doses of its coronavirus vaccine next year if studies with partner GlaxoSmithKline (NYSE:GSK) proceed as planned. Clinical trials should launch in H2 with product availability about a year later if all goes well.

“We believe that we’re one of the few companies who will be able to make a vaccine at a huge scale,” he said.

Johnson & Johnson (NYSE:JNJ) stated that it is planning to make 600M – 900M doses of its vaccine by the end of Q1 2021 if its studies proceed as expected.

SNY up 2% premarket while GSK and JNJ are both up 1%, all on light volume.

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