This contract award may indicate the US government's continued focus on public health preparedness, which could benefit vaccine manufacturers like Bavarian Nordic. The partnership suggests a strong private-public collaboration in addressing emerging diseases and biological threats, which may set a precedent for future vaccine development and procurement.
US Government Awards Vaccine Production Deal
Bavarian Nordic has been awarded contract options from the US government for the production and supply of freeze-dried smallpox vaccines, valued at $97 million. The contract supports the manufacturing and delivery of 11.5 million doses, with the majority of the contract value covering bulk vaccine production. The company has upgraded its full-year financial guidance following the award, as reported by GlobeNewswire.
This contract award may indicate the US government's continued focus on public health preparedness, which could benefit vaccine manufacturers like Bavarian Nordic. The partnership suggests a strong private-public collaboration in addressing emerging diseases and biological threats, which may set a precedent for future vaccine development and procurement.
US Government Awards Vaccine Production Deal
Bavarian Nordic has been awarded contract options from the US government for the production and supply of freeze-dried smallpox vaccines, valued at $97 million. The contract supports the manufacturing and delivery of 11.5 million doses, with the majority of the contract value covering bulk vaccine production. The company has upgraded its full-year financial guidance following the award, as reported by GlobeNewswire.