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EU signs contract with AstraZeneca on supply of potential COVID-19 vaccine

Published 08/27/2020, 06:32 AM
Updated 08/27/2020, 06:35 AM
© Reuters. FILE PHOTO: A sign at an AstraZeneca site in Macclesfield

© Reuters. FILE PHOTO: A sign at an AstraZeneca site in Macclesfield

BRUSSELS (Reuters) - The European Commission said on Thursday it had signed a contract on behalf of EU states with British drugmaker AstraZeneca (NYSE:AZN) for the supply of at least 300 million doses of its COVID-19 vaccine candidate.

The move follows an advance purchase agreement signed by Brussels with AstraZeneca earlier in August.

© Reuters. FILE PHOTO: A sign at an AstraZeneca site in Macclesfield

It is the first contract signed by the EU with a maker of potential COVID-19 vaccines. The contract envisages an option to purchase 100 million additional doses to be distributed on a population-based pro-rata basis among the 27 EU states.

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