EU backs Valneva’s Covid jab as contract talks go on

EU backs Valneva’s Covid jab as contract talks go on

The firm has been trying to salvage the deal after its vaccine was delayed.

Lab technicians work at the Valneva headquarters in Saint-Herblain, western France, last year. (AP pic)
THE HAGUE:
The European Medicines Agency (EMA) endorsed Valneva’s Covid-19 vaccine today while the French company’s contract with the European Commission hangs in the balance.

Valneva has been trying to salvage the deal with the European Commission after its vaccine programme was hit by delays in its marketing application due to requests from the EMA for more information.

The original commission deal was for up to 60 million doses.

But due to application delays and countries in Europe already grappling with excess Covid vaccine supply, the commission has signalled that it wants the agreement amended for a much smaller number of doses, Valneva said earlier this month.

But according to Valneva CEO Thomas Lingelbach, if those low supply volumes are confirmed, that would not be enough to sustain the company’s vaccine programme.

A Valneva spokesman said yesterday the company’s proposal for a tweaked contract continues to be discussed by the commission and member states.

A final decision on the vaccine’s approval is expected shortly by EU authorities.

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