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BRIEF - Emergent Biosolutions Awarded $100 Million BARDA Contract

Friday, March 17, 2017   (0 Comments)
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Emergent Biosolutions Inc

* Emergent Biosolutions awarded $100 million BARDA contract for Biothrax deliveries to the strategic national stockpile

* Awarded $100 million BARDA contract for Biothrax deliveries to the strategic national stockpile

* Biothrax pricing under this BARDA procurement contract is same as biothrax pricing under cdc follow-on contract

* Contract in addition to company's $911 million Biothrax procurement contract with centers for disease control and prevention

* Modification also reduces purchase price for doses to be procured during option period by $100 million

* Modification reduces price for doses to be procured during option period, hence reducing contract value to be up to $1.5 billion from $1.6 billion

 

View source article via reuters.com here.


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