- cafead Jun 08, 2022 at 12:12: AM
via Johnson & Johnson and Emergent BioSolutions are accusing each other of breaching their COVID-19 vaccine supply agreement.
In a formal notice, J&J said that Emergent had failed to supply the vaccine drug substance needed to meet its manufacturing obligations, prompting the former to issue a notice of termination. Conversely, in a securities filing, Emergent claimed that it has also sent a notice of material breach of the agreement to J&J for failing to comply with minimum order requirements and not providing the required forecasts necessary for its order.
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In a formal notice, J&J said that Emergent had failed to supply the vaccine drug substance needed to meet its manufacturing obligations, prompting the former to issue a notice of termination. Conversely, in a securities filing, Emergent claimed that it has also sent a notice of material breach of the agreement to J&J for failing to comply with minimum order requirements and not providing the required forecasts necessary for its order.
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