Third Agreement for Supply of COVID-19 Vaccine between European Commission and Janssen Pharmaceutica
As part of its European Vaccines Strategy adopted in June 2020 (see, Van Bael & Bellis Life Sciences News Alert of 18 June 2020), the European Commission (the Commission) announced on 8 October 2020 that it approved a third agreement providing for access to a potential vaccine against Covid-19 (see, attached press release). The Commission’s partner for this new agreement is Janssen Pharmaceutica (Janssen) which has promised to sell vaccines to EU Member States for up to 400 million people. Member States may decide to donate the vaccine to lower and middle income countries or redirect it elsewhere in Europe. The agreement follows similar deals with AstraZeneca and Sanofi-GSK (see, Van Bael & Bellis Life Sciences News Alert of 31 August 2020 and Van Bael & Bellis Life Sciences News Alert of 21 September 2020).
Janssen is developing its Covid-19 vaccine on its AdVac® technology platform which also formed the basis for other existing and potential vaccines against such conditions as Ebola.
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