Axed Livingston Covid vaccine contract cost taxpayers £358million

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Axed Livingston Covid vaccine contract cost taxpayers £358million
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French firm Valneva was supposed to manufacture more than 100 million vaccines at its site in Livingston but the contract was axed by ministers in 2021.

A biotechnology company which had its contract to make Covid vaccines in Scotland cancelled by the UK Government still received £358 million of taxpayers’ money, it has emerged.

A form filed with the United States Securities and Exchange Commission states Valneva received advances totalling £358 million as part of its agreement with the UK Government. It was reported this week by the BBC that the French firm has hired a commercial real estate firm to explore options for the mothballed 75,000sq ft facility.

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