Johnson & Johnson Shot's Benefits Outweigh Risks: Dr. Collins

thestreet2021-04-26

Johnson & Johnson's (JNJ) -Get Report vaccine for COVID-19 received strong reassurances from a top health official on Sunday, days after the shot was given the green light to continue use following blood clot concerns.

"You are less likely as a woman taking J&J to have this blood-clotting problem than to get struck by lightning next year,” Dr. Francis Collins, director of the National Institutes of Health, told NBC News' "Meet the Press."

"When you consider the nature of this risk, this is truly a rare event. And when you measure that against the benefits of preventing somebody from dying of COVID, there is no comparison. We clearly have a situation where the benefits greatly outweigh the risks, even for younger women," said Collins.

His statements came two days after federal health regulators gave an OK to the COVID vaccine. A Center's for Disease Control and Prevention panel on Friday advised resuming use of the vaccine for all adults, following anApril 13 decisionto put the shots on hold following worries about blood clots forming in some patients who got the Janssen shots. Several women reported clotting and some died.

The CDC's Advisory Committee on Immunization Practices advised a fact sheet be given out during the vaccinations so that people could understand the possible side effect.

"I do think people will want to read the fact sheet," said Collins, but said the risk of getting dangerous clots was minuscule in comparison to risks associated with even common drugs like aspirin.

Johnson & Johnsonsaid on Fridaythat it will continue to collaborate with health authorities around the world "to educate health care professionals and the public to ensure this very rare event can be identified early and treated effectively.”

A separate clotting problem was flagged earlier by European and other regulators for the AstraZeneca (AZN) -Get Reportvaccine that uses similar technology. That shot is not available in the United States.

Johnson & Johnson, however, was also hit by problems with a third-party vaccine manufacturer, Emergent BioSolutions (EBS) -Get Report,over conditions in its  factoryand its botching of millions of doses of Janssen vaccines.

Johnson closed up on the New York Stock Exchange on Friday to $165.52, lifting further after hours by $1.28 to $166.80.

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Comments

  • Lynny
    2021-04-26
    Lynny
    All the different vaccines have differing efficacy rates but these aren’t directly comparable because the trials were carried out at different periods and in different populations. Pfizer trials were all done in the USA but the J&J trial was done mostly in South America and at a later period where numbers were peaking. However in the larger scheme of things the risks of severe complications and side effects are very very low in comparison to the many drugs we take, medical procedures we go through, even certain daily acvities which also carry risks of injury and even death. Plus we know that all the vaccines reduce rates of severe disease and hospitalisation to almost zero. This is reason enough to get vacc
    • Sumei
      Yes, agree that it’s likely better to be vaccinated than not at all.
  • Starbucks
    2021-04-26
    Starbucks
    [Thinking] [Thinking] 
  • bluefun
    2021-04-26
    bluefun
    Oh no JJ
  • Salibee
    2021-04-26
    Salibee
    Please stay safe all, what's the value of stonks and money when your health is in jeopardy ?
  • StockWatcher
    2021-04-26
    StockWatcher
    “...Benefit greatly outweight the risk..” i think people would only take the risk only when life is threatened. 
    • Lynny
      By the time a life is threatened eith covid Infection it is too late and the vaccine cant help at that point.
  • howeixiong
    2021-04-26
    howeixiong
    Why 
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