Question to the Department of Health and Social Care:
To ask the Secretary of State for Health and Social Care, pursuant to the Answer of 10 July 2023 to Question 191948 on Coronavirus: Vaccination, whether his Department has made an assessment of the (a) value for money of, (b) reduction of contractual liabilities in and (c) lessons learned from its supply agreement with Valneva.
The Department assessed the value for money of its supply agreement with Valneva at the time the agreement was terminated. As part of the termination of the contract a settlement was agreed which resulted in contract liabilities being reduced. No additional payments will be made by the Government to Valneva as part of the agreed settlement terms.
The Department and the UK Health Security Agency seek to learn lessons from all contracts awarded, including the Valneva supply agreement, and apply those lessons to future agreements. We are unable to provide specific details of the settlement agreement as these are commercially sensitive.