Emergent BioSolutions gets $24M to fund anthrax MAb

7 September 2008

US firm Emergent BioSolutions has received a contract from the Department of Health and Human Services for over $24.3 million to fund the further development of its anthrax monoclonal antibody AVP-21D9. This contract will be jointly administered through the Office of the Biomedical Advanced Research and Development Authority and the National Institute of Allergy and Infectious Diseases, a part of the National Institutes of Health.

The four-year deal provides funding for scale-up of the manufacturing process, for non-clinical studies and for a Phase I trial. Emergent anticipates that it will receive around $20.0 million over the first two contract years. The company expects to focus on completing certain non-clinical studies during the final two years of the contract.

This article is accessible to registered users, to continue reading please register for free.  A free trial will give you access to exclusive features, interviews, round-ups and commentary from the sharpest minds in the pharmaceutical and biotechnology space for a week. If you are already a registered user please login. If your trial has come to an end, you can subscribe here.

Login to your account

Become a subscriber

 

£820

Or £77 per month

Subscribe Now
  • Unfettered access to industry-leading news, commentary and analysis in pharma and biotech.
  • Updates from clinical trials, conferences, M&A, licensing, financing, regulation, patents & legal, executive appointments, commercial strategy and financial results.
  • Daily roundup of key events in pharma and biotech.
  • Monthly in-depth briefings on Boardroom appointments and M&A news.
  • Choose from a cost-effective annual package or a flexible monthly subscription
The Pharma Letter is an extremely useful and valuable Life Sciences service that brings together a daily update on performance people and products. It’s part of the key information for keeping me informed

Chairman, Sanofi Aventis UK









Company Spotlight