other material
confidence medium
sentiment neutral
materiality 0.50
Vaxcyte enters manufacturing pact with Lonza for pneumococcal vaccine
Vaxcyte, Inc.
- Master Services Agreement effective March 22, 2022 for clinical manufacturing of Vaxcyte's PCV.
- Initial term of five years; either party may terminate for material breach, insolvency, or convenience.
- Vaxcyte owns IP directly derivative of its product; Lonza owns generally applicable IP or improvements to Lonza background.
- No financial terms disclosed; Lonza paid for services, pass-through costs, and a procurement fee.