The French company which had a major Covid vaccine order cancelled by the UK government has been awarded £20m in funding from Scottish Enterprise.
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Valneva said phase three trails have since found it works well at priming the immune system to fight the virus.
The pharmaceutical firm, which has a manufacturing facility in Livingston, West Lothian, is currently seeking regulatory approval for its jab.
Scottish Enterprise said the grants would support its future growth.
The first grant, of up to £12.5m, will support research and development related to the manufacture of VLA2001, Valneva's Covid-19 vaccine candidate.
It is an inactivated whole virus vaccine, meaning it contains a dead version of coronavirus that cannot cause disease. This is the same way that flu and polio vaccines are made.
The second grant, of up to £7.5m, will support research and development connected to the company's manufacturing processes for other vaccines, including Lyme Disease and the mosquito-borne viral infection Chikungunya.
The funding will be paid over the next three years, starting from next month.