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Novavax Delays Signing Of Vaccine Supply Contract Due To Production Issues

EU

Reuters reporting US pharma company Novavax has informed the EU that it is set to delay the signing of a vaccine supply contract with the bloc due to production issues with its vaccine.

  • The firm currently has a contract with the UK gov't for 60mn doses to be produced at Stockton-on-Tees in the UK. It is unclear whether this contract will be met.
  • This seems to be different from the scenario involving AstraZeneca, where the contract was signed but then supply fell short. Here, Novavax seems to acknowledge that there are production issues initially, avoiding the prospect of signing a contract for more doses than it can produce.
  • The firm cites a shortage of raw materials as the reason for the production issues.
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