[ad_1]
AMSTERDAM, Aug 23 (Reuters) – Johnson & Johnson’s (JNJ.N) Janssen division, which helped to develop its single-dose COVID-19 vaccine, will close much of its vaccine research and development operations in the Netherlands, newspaper De Telegraaf reported.
In an emailed response on Wednesday, Johnson & Johnson confirmed plans to exit some of its vaccine research and development programmes, which it said it had initially disclosed in its 2023 second-quarter results.
“We also continually assess our global footprint, including in the Netherlands, to ensure it meets our current and evolving scientific needs,” Johnson & Johnson said, adding that its facility in Leiden, Netherlands was an “important site”.
De Telegraaf reported that 2,500 people worked at Janssen in the Netherlands, a quarter of which were in the section specialising in infectious diseases and vaccines.
It is not clear how many jobs are at risk.
J&J’s relatively large Dutch vaccine operation stems in part from its $2.1 billion acquisition in 2011 of vaccine maker Crucell.
J&J said during second quarter earnings in July it would cease development of vaccines for respiratory syncytial virus (RSV), hepatitis, and HIV. It said on Wednesday it is continuing work on a vaccine against E.coli bacterial infections.
The Janssen COVID-19 vaccine did not perform as well as the company hoped in high-income countries due in part to worries about blood clots as a rare side effect. In June 2023, the FDA revoked emergency-use authorization for the vaccine at Janssen’s request.
Reporting by Charlotte Van Campenhout and Toby Sterling
Editing by David Goodman and David Evans
Our Standards: The Thomson Reuters Trust Principles.
[ad_2]
Source link