Emergent and J&J's vaccine fall-out turning ugly
US biopharma Emergent Biosolutions (NYSE: EBS) and healthcare giant Johnson & Johnson’s (NYSE: JNJ) Janssen subsidiary are accusing one another of breaching a contract signed in 2020 for large-scale drug substance manufacturing of J&J’s SARS-CoV-2 vaccine, Ad26.COV2-S.
Emergent has accused Janssen of failing to buy the minimum quantity of vaccine required under the contract, while the latter company claims that it has the right to terminate the agreement.
Janssen says this is due to failures by Emergent to adhere to current good manufacturing practices and to supply the product as was required by the agreement, allegations that are denied by Emergent.
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