CureVac, GSK Bag 5-yr German Govt. Contract To Supply MRNA Vaccines To Fight Pandemic Outbreaks

CureVac N.V. (CVAC), a vaccine maker, and GlaxoSmithKline Plc or GSK, signed a five-year contract with the German government to supply mRNA vaccines towards pandemic preparedness in the country, the companies announced on Monday.

The contract allows production of up to 80 million vaccine doses at short notice in case of a public health emergency, to support the country's pandemic preparedness, the companies added.

Following a setup period of a maximum of 24 months, the contract allows Germany to access CureVac's manufacturing capacity until 2029, which enable rapid availability of 80 million mRNA-based vaccine doses during the remainder of the current pandemic or in future infectious disease outbreaks.

According to the deal, the German government will pay the both parties an annual standby fee after successful completion of the setup period, which requires the companies to maintain manufacturing capacity at constant readiness.

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