The U.S. government has termination Eight months after a report found that it had contaminated the dose of Johnson & Johnson vaccine in one of its factories, it signed a contract with vaccine manufacturer Emergent BioSolutions. According to CNBC, Emergent will lose 180 million U.S. dollars in total due to lost contracts.
In the earnings report released on Thursday, Emergent announced that it “has reached a mutual agreement with the U.S. Department of Health and Human Services (HHS) to terminate the company’s 2012 Center for Advanced Development and Manufacturing Innovation (CIADM) contract”, and instead supports “public-prevention” A private partnership for the pandemic.” It insists that it will continue to work with the government to expand the production of COVID-19 vaccines and therapeutic candidates.
The report did not mention the pollution incident in March.
Based on previous results survey The Food and Drug Administration (FDA) of an emergency facility in Baltimore stated that the site “has not maintained clean and hygienic conditions” and that “the size, design, and location are not suitable for cleaning, maintenance, and proper operation.”
Estimated 15 million doses Johnson & Johnson vaccine and AstraZeneca vaccine components were contaminated after being mixed.
In the statement following the release of the FDA report, Emergent Reiterate “Safety and quality are our top priorities,” and said that before isolation and disposal, it was able to identify the single batch of APIs that it said did not meet the quality standards. The company laments that this situation is “disappointing,” but they happen occasionally, and they still believe that they meet FDA requirements.
However, the company’s stock did not Good response According to CNBC, due to preliminary news of the termination of the HHS contract, the value fell more than 42% on Friday.
In comments to the media, an Emergent spokesperson stated that the move was “for convenience, the two parties have agreed to terminate the agreement, and neither party has accused the other party of breach of contract.”
