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EU nears deal with Valneva for COVID-19 vaccine

EU nears deal with Valneva for COVID-19 vaccine

COVID-19 vaccine
Credit: Pixabay/CC0 Public Domain

The European Commission announced Tuesday that it has concluded exploratory talks with Franco-Austrian biotechnology laboratory Valneva for the possible purchase of up to 60 million doses of its COVID-19 vaccine.

The EU executive has already signed contracts with six other laboratories and is also in discussions with US firm Novavax to secure 200 million doses.

Once the negotiations with Novavax and Valneva are completed, Europe would have contracts with eight different laboratories for more than 2.5 billion doses.

"By doing so, we can maximise our chances that all citizens will have access to safe and effective vaccines by the end of 2021," said European Health Commissioner Stella Kyriakides.

The EU said the planned contract with Valneva would allow a collective purchase by all 27 EU member states of 30 million doses initially, with an option for an additional 30 million.

Valneva's vaccine was developed using a technology based on inactivated viruses, as opposed to the mRNA method used by Pfizer/BioNTech and Moderna.

Valneva announced the start of human clinical trials in mid-December, and doses have already been ordered by the UK.

An EU authorisation is expected in the final months of this year.

The EU has already signed contracts with AstraZeneca, Johnson & Johnson, Sanofi-GSK, Pfizer-BioNTech, CureVac, and Moderna.

So far, only the Pfizer-BioNTech and Moderna vaccines have been approved by the European Medicines Agency (EMA). The European regulator is to review the AstraZeneca vaccine in late January.


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© 2021 AFP

Citation: EU nears deal with Valneva for COVID-19 vaccine (2021, January 12) retrieved 13 January 2021 from https://medicalxpress.com/news/2021-01-eu-nears-valvena-covid-vaccine.html
This document is subject to copyright. Apart from any fair dealing for the purpose of private study or research, no part may be reproduced without the written permission. The content is provided for information purposes only.

Original Text (This is the original text for your reference.)

EU nears deal with Valneva for COVID-19 vaccine

COVID-19 vaccine
Credit: Pixabay/CC0 Public Domain

The European Commission announced Tuesday that it has concluded exploratory talks with Franco-Austrian biotechnology laboratory Valneva for the possible purchase of up to 60 million doses of its COVID-19 vaccine.

The EU executive has already signed contracts with six other laboratories and is also in discussions with US firm Novavax to secure 200 million doses.

Once the negotiations with Novavax and Valneva are completed, Europe would have contracts with eight different laboratories for more than 2.5 billion doses.

"By doing so, we can maximise our chances that all citizens will have access to safe and effective vaccines by the end of 2021," said European Health Commissioner Stella Kyriakides.

The EU said the planned contract with Valneva would allow a collective purchase by all 27 EU member states of 30 million doses initially, with an option for an additional 30 million.

Valneva's vaccine was developed using a technology based on inactivated viruses, as opposed to the mRNA method used by Pfizer/BioNTech and Moderna.

Valneva announced the start of human clinical trials in mid-December, and doses have already been ordered by the UK.

An EU authorisation is expected in the final months of this year.

The EU has already signed contracts with AstraZeneca, Johnson & Johnson, Sanofi-GSK, Pfizer-BioNTech, CureVac, and Moderna.

So far, only the Pfizer-BioNTech and Moderna vaccines have been approved by the European Medicines Agency (EMA). The European regulator is to review the AstraZeneca vaccine in late January.


Explore further

Follow the latest news on the coronavirus (COVID-19) outbreak

© 2021 AFP

Citation: EU nears deal with Valneva for COVID-19 vaccine (2021, January 12) retrieved 13 January 2021 from https://medicalxpress.com/news/2021-01-eu-nears-valvena-covid-vaccine.html
This document is subject to copyright. Apart from any fair dealing for the purpose of private study or research, no part may be reproduced without the written permission. The content is provided for information purposes only.
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