US vacc delays halve BN's 1st-half income
Danish drugmaker Bavarian Nordic's first-half 2007 revenue almost halved on the like, year-ago period, to 51.4 million kroner ($9.3 million) from 111.0 million kroner, after certain smallpox vaccine studies under its RFP-2 contract with the US government were postponed. These studies will be adapted to the RFP-3 contract awarded to the company in June. The final design of the investigation is ongoing and the majority of the deferred revenue is expected to be realised during 2008.
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