Joe Biden: Deal Maker
The best deals are the simple, boring ones.
1. Enter Merck
It’s kind of perfect. Johnson & Johnson’s very helpful one-shot vaccine is approved. But J&J is behind on production. So the Biden administration brokered an arranged marriage in which Big Pharma rival Merck will take on a portion of the J&J shot manufacturing.
The administration has also been pushing J&J in other ways:
The company and its c…