Novavax and J&J Are Getting The Royal Treatment

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Novavax  (NVAX) - Get Report and Johnson & Johnson  (JNJ) - Get Report have a new Covid-19 customer: the U.K.,which has agreed to buy as many as 90 million doses of their yet-to-be-proven-effective coronavirus vaccines that are still in early-trial stages.

The U.K. government ordered 60 million doses of Novavax’s late-stage experimental vaccine, which may be available as early as the first quarter of 2021, the U.S. biotechnology company said in a statement Friday. 

J&J’s Janssen unit said in a separate statement that it has received an order for 30 million doses of its own Covid-19 trial vaccine.

The agreements come as countries around the world continue to race to secure a viable Covid-19 vaccine - even though one has yet to be created and approved.

The agreements with Novavax and J&J bring the total number of potential vaccine doses secured by the U.K. to more than 300 million. The country of 66 million has also signed deals with partners GlaxoSmithKline (GSK) - Get Report and Sanofi (SNY) - Get Report, Pfizer (PFE) - Get Report and BioNTech (BNTX) - Get Report.

The University of Oxford and AstraZeneca (AZN) - Get Report are also prepping to make as many as 30 million doses of their own Covid-19 vaccine candidate available within the U.K. by September as part of a deal to deliver 100 million doses.

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