3 ms·
This is a misunderstanding, as incidentally is the claim that the UK contract was signed three months earlier, because in both cases there is the assumption tha
by Mvandenbergh 6y ago
This is a misunderstanding, as incidentally is the claim that the UK contract was signed three months earlier, because in both cases there is the assumption that there is "a" contract and no money flowed or contractual obligations were created before then. The reality is that in both cases, memoranda of understanding, investment agreements, and all sorts of other documents also exist and in some cases were signed earlier. In particular, there were agreements first with Oxford and then with AZ to start scaling capacity very early and even before the notional purchase contract signature in May (that's the one that was later superseded at the same time as the final EU contract was signed).
So it is simultaneously true that they signed a contract within a few days of each other, but also not quite the full picture.