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

ReutersDec 27, 2024 12:33 PM

- BioNTech 22UAy.DE 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)

((Bhanvi.Satija@thomsonreuters.com; Outside U.S. +91 9873062788;))

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