Bloomberg Quicktake's video: Biden Predicts Life in the U S Will Return to Normal By This Time Next Year

President Joe Biden said Tuesday that the U.S. expects to take delivery of enough coronavirus vaccines for all adult Americans by the end of May, two months earlier than anticipated, as his administration announced that drugmaker Merck & Co. will help produce rival Johnson & Johnson's newly approved shot. The announcement comes as the White House looks to speed the production of the single-dose Johnson & Johnson vaccine and accelerate the nation's plans to reach "herd immunity" in the U.S. and begin restoring normalcy after the pandemic. Speaking from the White House, Biden said he learned when he took office that Johnson & Johnson "was behind in manufacturing and production" of it's vaccine and produced only 3.9 million doses ahead of its receiving emergency use authorization on Saturday. The company has promised to deliver 100 million doses by the end of June. Biden said his team "has been hard at work to accelerate that effort." The assistance from Merck was expected to help J&J meet its production commitments and expand supply even further. The White House said Merck would devote two plants to the production process. One would make the vaccine and the other would handle inserting the vaccine into vials and ensuring strict quality controls. Biden said the vaccine production and supply progress means his administration now expects to have enough supply of the three approved vaccines to inoculate all eligible American adults by the end of May - though he says actually delivering the injections could take longer. "That's progress, important progress," Biden said. Subscribe to our YouTube channel: https://bit.ly/2TwO8Gm Bloomberg Quicktake brings you live global news and original shows spanning business, technology, politics and culture. Make sense of the stories changing your business and your world. To watch complete coverage on Bloomberg Quicktake 24/7, visit http://www.bloomberg.com/qt/live, or watch on Apple TV, Roku, Samsung Smart TV, Fire TV and Android TV on the Bloomberg app. Have a story to tell? Fill out this survey for a chance to have it featured on Bloomberg Quicktake: https://cor.us/surveys/27AF30 Connect with us on… YouTube: https://www.youtube.com/user/Bloomberg Breaking News on YouTube: https://www.youtube.com/c/BloombergQuickTakeNews Twitter: https://twitter.com/quicktake Facebook: https://www.facebook.com/quicktake Instagram: https://www.instagram.com/quicktake