Fujifilm gets $265 million U.S. contract to boost output of potential virus vaccine


The United States has awarded a $265 million contract to a Texas facility of Japan's Fujifilm Holdings Corp to step up production of a coronavirus vaccine candidate, President Donald Trump said.

Trump made the announcement on Monday, as he toured another Fujifilm facility in North Carolina. The order widens a pact between the Department of Health and Human Services, the Texas A&M university system and Fujifilm Diosynth Biotechnologies.

The funds will speed by several months an expansion planned at the Texas facility in College Station, with completion now expected this fall, Fujifilm said in a news release.

Last week, Fujifilm Diosynth, a drug ingredient subsidiary of the Japanese firm, said it would make bulk drug substances for Novavax Inc.'s virus vaccine candidate, NVX-CoV2373.

It added that it would spend $928 million to double capacity at a Denmark facility that is also involved in making virus treatments.

© Thomson Reuters 2020.

©2020 GPlusMedia Inc.

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Another case of big Pharma receiving tax payers money, naturally, they will will share the profits from the drug production with the American government, and, offer the American people lower drug costs , seeing it was their taxes the American government so readily gave out. I'll not hold my breath for the outcome.

4 ( +4 / -0 )

They don't make photo camera anymore?? Now they do vaccines, I guess it will be same story as with cameras.

-4 ( +0 / -4 )

Except that Fujifilm's profits will stay in the US and not go back to Japan. President Trump is always adamant on the America First initiative, and he will ensure that any foreign firm will stay in the US and spend their USD in the US.

2 ( +3 / -1 )

Why can’t I find Plandemic movie on the internet?

2 ( +2 / -0 )

Why from the usa money ??? .

0 ( +0 / -0 )

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