AstraZeneca PLC is to receive more than $1bn from the US government for the production and delivery of the COVID-19 vaccine it is developing with Oxford University, having already concluded the first agreements to supply at least 400 million doses.
The funding is coming from the Biomedical Advanced Research and Development Authority (BARDA) and will also go towards supporting a Phase III trial with 30,000 participants, and a pediatric trial of the vaccine, formerly ChAdOx1 nCoV-19 and now known as AZD1222
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