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Evening Standard
Evening Standard
Business
Oscar Williams-Grut

Covid-19 vaccine maker Oxford Biomedica pauses production as AstraZeneca partnership reviewed

A woman in the Oxford Biomedica lab

(Picture: Oxford Biomedica)

The chief executive of Oxford Biomedica has hailed an “exceptional” year as a deal to manufacture Britain’s Covid-19 vaccine boosted revenues and led to a string of deals.

Revenues jumped 63% last year to £142 million, as a partnership with AstraZeneca led to surging business. Operating profits rose from £7.3 million to £35.9 million in 2021.

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