Valneva, which had a major Covid vaccine order cancelled by the UK government, is awarded £20m.
The first grant, of up to £12.5m, will support research and development related to the manufacture of VLA2001, Valneva's Covid-19 vaccine candidate.
The award comes fives months after a deal for 100 million Covid vaccine doses - said by the company to be worth up to £1.2bn - was scrapped. The following month blood results from volunteers who received the jab indicated high levels of neutralising antibodies against Covid.In November Valneva confirmed it was seeking an apology from the UK government for casting doubt on whether its Covid jab would get approval.The company's then chief financial officer David Lawrence acknowledged that Mr Javid had later corrected himself but said the damage he did to the company was significant.
He said: "It is a huge vote of confidence in our life sciences sector and its highly skilled workforce, with one of the largest and most advanced vaccine manufacturing sites in the world now firmly anchored in Scotland and set to export its life-saving vaccines across the world."
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