LETTER from RICHARD STERNBERG
This past Sunday the Director of the CDC (Centers for Disease Control and Prevention) approved the use of the COVID-vaccine produced by Janssen/Johnson & Johnson. The day before the FDA determined that the vaccine was safe and effective for the prevention of COVID-19 and gave it an EUA (emergency use authorization).
On Monday, the state Task Force unanimously recommended its use.
The entire current inventory of 3.9 million doses is scheduled to ship this week. J&J says it plans to manufacture enough additional doses to ship 16 million by the end of March. New York State is supposed to receive somewhere between 93,000 doses and 160,000 this week depending on whether you believe the Feds or the state. In any event, this is very good news.
There have been some concerns from some people; two called me today. They are concerned that this vaccine is not as effective as those already approved. They want to know if they should get the J&J vaccine now if available, or wait to get either the Moderna or Pfizer one.
The answer to that is a bit nuanced.