Emergent BioSolutions Signs $174M Agreement To Expand Production Of Possible Coronavirus Vaccine
BALTIMORE (WJZ) -- A Maryland-based company has signed a $174 million agreement to expand production of a coronavirus vaccine candidate.
Gaithersburg-based Emergent BioSolutions announced on Monday it had signed the agreement to develop and manufacture AstraZeneca's possible COVID-19 vaccine.
Under the agreement, manufacturing will begin at Emergent's Bayview facility in Baltimore.
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AstraZeneca, which is developing the vaccine with Oxford University, has signed Emergent and other companies to mass-produce the vaccine if it works.
The vaccine is one of several candidates supported by Operation Warp Speed, the federal government's program to accelerate the development, manufacturing and distribution of COVID-19 vaccines with the goal of making them available by early 2021.
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