$84M for PharmAthene
PharmAthene, a US biodefense company developing medical countermeasures against biological and chemical threats, says that the National Institute of Allergy and Infectious Diseases, has awarded it a multi-year contract for up to $83.9 million for advanced development of a third-generation recombinant protective antigen anthrax vaccine.
The second-generation rPA vaccine market represents another significant opportunity for PharmAthene, with a total potential contract award of between $350.0 million and $600.0 million. The firm says it is confident in its competitive prospects for this award, which should be announced by year-end 2008.
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