Vaccines minister Zahawi says UK had right to end Valneva deal By Reuters

Vaccines minister Zahawi says UK had right to end Valneva deal By Reuters
Vaccines minister Zahawi says UK had right to end Valneva deal By Reuters

© Reuters. The logo of Valneva SE is pictured at the company’s headquarters in Saint-Herblain, near Nantes, France, September 13, 2021. REUTERS/Stephane Mahe

LONDON (Reuters) – Britain’s vaccines minister Nadhim Zahawi said on Tuesday that the British government had the right to cancel a deal with French drugmaker Valneva to supply a COVID-19 vaccine and had told the company it had done so.

“There are commercial sensitivities around this but we have a right to cancel the Valneva vaccine and that’s what we’ve informed the company we would do,” Zahawi said.

Valneva said on Monday that Britain had ended a 1.4 billion euro ($1.65 billion) vaccine supply deal because it had alleged that the company was in breach of its obligations.

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