
Emergent had said J&J breached the agreement by failing to buy the minimum quantity of COVID-19 vaccines made by the company.
Under the five-year agreement, opens new tab, signed in 2020, Emergent would provide contract manufacturing services to produce the COVID-19 vaccine drug substance for commercial manufacturing. It was valued at about $480 million for the first two years.
The U.S. health regulator had limited the use of the J&J vaccine in 2022 due to the risk of a rare blood clotting syndrome.