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UK ends vaccine contract with French startup

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French pharmaceutical startups say the UK government has abruptly terminated its contract to supply tens of millions of COVID-19 vaccines

The UK claimed that Valneva had violated its obligations under the supply contract, but the company “violently” denied it. There was no immediate comment from the UK side.

The UK initially ordered 60 million doses of vaccine and held an additional 90 million doses of options. After that, we added another 40 million to the order. According to Varneva, the total amount of 190 million doses is € 1.4 billion ($ 1.7 billion).

If the UK exercises all options, Valneva’s delivery will continue until 2025.

At the time of the deal, Britain rolled out the red carpet to startups, and the more cautious EU stalled. Valneva is clearly surprised that the carpet is pulled out of his feet.

In that statement, Valneva, headquartered on the banks of Loire, said that all aspects of research and testing were ongoing and on schedule.

The VLA2001 vaccine, manufactured at the Valneva plant in Scotland, is currently in the third phase of trial and has not yet been approved by regulatory agencies.

The UK initially ordered 60 million doses of vaccine and held an additional 90 million doses of options. After that, we added another 40 million to the order. According to Varneva, the total amount of 190 million doses is € 1.4 billion ($ 1.7 billion).

If the UK exercises all options, Valneva’s delivery will continue until 2025.

At the time of the deal, Britain rolled out the red carpet to startups, and the more cautious EU stalled. Valneva is clearly surprised that the carpet is pulled out of his feet.

In that statement, Valneva, headquartered on the banks of Loire, said that all aspects of research and testing were ongoing and on schedule.

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2/ https://abcnews.go.com/Health/wireStory/britain-ends-contract-french-startup-vaccines-79986577

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