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Johnson & Johnson says one-shot vaccine is 66% effective against moderate to severe COVID

Jan. 29, 2021 01:09PM EST
 Dan Ackermann

Johnson & Johnson announced Friday that its single-shot coronavirus vaccine was 66% effective in protecting against moderate to severe COVID-19 disease in the U.S. and seven other countries, but 57% effective against the South Africa coronavirus variant.

Why it matters: The vaccine is not as effective as some of its two-dose competitors, like Moderna and Pfizer, but still provides strong protection against the most serious COVID-19 symptoms. The company said it will file for emergency use authorization from the FDA within a week.

This story is breaking news. Please check back for updates.

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What China's uneven economic recovery means for the U.S.

Adapted from Institute of International Finance; Chart: Axios Visuals

China and much of Southeast Asia look to be bouncing back strongly from the coronavirus pandemic as stock markets and much of the country's economic data are returning to pre-pandemic levels.

What's happening: "Our tracking points to a clear V-shaped recovery in China," economists at the Institute of International Finance said in a note to clients Tuesday, predicting the country's second-quarter growth will rise above 2% after its worst quarter on record in Q1.

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