Sept 21 (Reuters) - VBI Vaccines Inc VBIV.O :
* VBI VACCINES INC - ENTERED CONTRIBUTION AGREEMENT WITH HER MAJESTY THE QUEEN IN RIGHT OF CANADA, AS REPRESENTED BY THE MINISTER OF INDUSTRY
* VBI VACCINES INC - UNIT OBLIGATED TO DEVELOP CORONAVIRUS VACCINE AGAINST COVID-19 THROUGH PHASE 2 STUDIES
* VBI VACCINES INC - AGREED TO COMPLETE PROJECT IN OR BEFORE Q1 2022, WHICH WILL BE CONDUCTED EXCLUSIVELY IN CANADA
* VBI VACCINES INC - MINISTER WILL CONTRIBUTE AMOUNT NOT EXCEEDING LESSER OF 75% OF CO'S COSTS INCURRED IN RESPECT OF PROJECT AND CAD$55.99 MILLION
* VBI VACCINES INC - CO'S UNIT MUST HAVE EXCLUSIVE OWNERSHIP OF ALL INTELLECTUAL PROPERTIES DEVELOPED IN CONNECTION WITH THE PROJECT
* VBI VACCINES - UNIT OBLIGATED TO DEVELOP VACCINE AGAINST MIDDLE EAST RESPIRATORY SYNDROME & SEVERE ACUTE RESPIRATORY SYNDROME
* VBI VACCINES - PROJECT INCLUDES MONOVALENT VACCINE TARGETING ONLY COVID-19