BioNTech, US agency enter into settlement agreement over COVID vaccine royalties-February 2024-www.financetom.com

BioNTech, US agency enter into settlement agreement over COVID vaccine royalties

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BioNTech, US agency enter into settlement agreement over COVID vaccine royalties

Dec 27, 2024 5:04 AM

Dec 27 (Reuters) - BioNTech said on Friday

that it had entered into a settlement agreement with the U.S.

National Institutes of Health over the payment of royalties and

other amounts related to its COVID-19 vaccine.

The German company said it would pay $791.5 million to the

U.S. agency as part of the settlement.

(Reporting by Bhanvi Satija in Bengaluru; Editing by Anil

D'Silva)

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