BARDA, Emergent BioSolutions break off $600M Covid-19 vaccine manufacturing deal
After a fiasco surrounding the contamination of Covid-19 vaccine doses in its facilities — during a time in which vaccinating residents was dire to America’s return to normalcy — Emergent BioSolutions’ $600 million manufacturing deal with the US government has come to an end.
CEO Bob Kramer said that the two parties “mutually agreed” to terminate the contract in an earnings call with investors Thursday, evaporating about $180 million in deal value.
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