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Valneva Shares Plunge on EU Intention to Scrap Covid-19 Vaccine ContractThe purchase agreement signed with the European Commission gave the bloc's executive arm the right to terminate it if the vaccine hadn't received a marketing authorization from the EU drug regulator by the end of April. Valneva now has 30 days from May 13 to obtain a marketing authorization or propose an acceptable remediation plan, it said. It will also work to make the shot available to member states that are still interested in it, it added. |
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