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Monday, April 29, 2024

SK Bioscience to Sell Novavax COVID-19 Vaccines in Thailand and Vietnam

SK Bioscience’s vaccine plant in Andong, North Gyeongsang Province



SK Bioscience announced on Dec. 24 that it has signed a contract manufacturing organization (CMO) and licensing deal with Novavax for the production and global supply of the U.S. biotechnology company’s COVID-19 vaccine NVX-CoV2373. The contract will run until December next year.

Under the contract, SK bioscience will reserve significant additional manufacturing capacity to produce antigen, a key component of NVX-CoV2373, through 2022, with the possibility to extend the arrangement.

The agreement between the companies also builds on a previously announced advance purchase agreement (APA) between SK bioscience and the Korean government to supply 40 million doses of NVX-CoV2373 for the Republic of Korea. SK bioscience may supply additional quantities of NVX-CoV2373 in the Korean market in 2022….

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