US Government Accountability Office rules PharmAthene can keep $78 million SparVax contract
Maryland, USA-based biodefense specialist PharmAthene got a boost yesterday, when the Government Accountability Office (GAO) denied a competitor's protest, challenging a previously-announced contract modification for up to $78.4 million for the company's recombinant rPA anthrax vaccine, SparVax.
As a result of the protest being denied, the Biomedical Advanced Research and Development Authority (BARDA) has provided written notification to PharmAthene to resume previously suspended development activities for SparVax covered under the contract modification.
Welcoming the GAO's decision, the company's president and interim chief executive, Eric Richman, said it 'confirms that BARDA had acted reasonably, in compliance with applicable legal and contractual requirements in its decision to enter into the modification with PharmAthene."
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