$50M US govt advance for Bavarian Nordic
Denmark's Bavarian Nordic says it has been cleared to invoice the US government for an advance payment of $50.0 million under the RFP-3 contract to manufacture and deliver 20 million doses of its Imvamune smallpox vaccine (Marketletters passim), having fulfiled a number of contractual milestones. The firm is expected two further tranches of $25.0 million this year.
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