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The company announced the move in a statement posted on its website at 3 p.m. Friday, pointing to a decision by a federal funding body to scale back spending on Zika-related research. Sanofi said BARDA — the Biomedical Advanced Research and Development Authority, an arm of the Department of Health and Human Services — informed the company in mid-August that it was reducing its financial assistance for Sanofi’s Zika vaccine project.

“Consequently, Sanofi does not intend to continue development of, or seek a license from, the Walter Reed Army Institute of Research for the Zika vaccine candidate at this time,” the company stated.

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