Site icon Ubiq TV | English News Channel

US cancels vaccine maker’s multimillion dollar deal

Washington: The federal government has reportedly canceled a multimillion dollar deal with Emergent BioSolutions, a Maryland-based vaccine manufacturer.

The facilities in Baltimore have produced millions of contaminated Johnson & Johnson vaccine doses this spring, the Washington Post reported.

Emergent disclosed the development Thursday in a conference call discussing its latest financial results, the Post reported. Emergent said it will forgo about USD 180 million due to the contract’s termination, according to the Post.

Emergent BioSolutions played a role in the Trump administration’s effort to speed up vaccine development and distribution. But after winning a contract from the previous administration, Emergent quickly ran into production problems.