FILE PHOTO: A healthcare worker holds a vial of Italy's ReiThera coronavirus disease (COVID-19) vaccine as doctors at a Pisa hospital begin testing phase 2 and 3 on patients after initial positive test results, in Pisa, Italy, April 1, 2021. REUTERS/Jennifer Lorenzini/File Photo
ROME (Reuters) - Italy's hopes of producing its own COVID-19 vaccine have been thrown into doubt after the state audit court rejected a plan to pump public funds into local biotech company ReiThera, two sources close to the matter told Reuters on Friday.
A source at the audit court said it had ruled this week against a contract drawn up by state agency Invitalia to invest some 50 million euros ($60.62 million) as part of a deal with ReiThera to support its development of the new vaccine.
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