Bavarian Nordic Completes Delivery of 20 Million Doses of IMVAMUNE® Smallpox Vaccine to the U.S. Strategic National Stockpile
KVISTGAARD, Denmark, November 15, 2013 /PRNewswire/ --
Bavarian Nordic A/S (OMX: BAVA) announced today that it completed the delivery of 20 million doses of IMVAMUNE® smallpox vaccine to the U.S. Strategic National Stockpile (SNS) for use in the event of a smallpox emergency in the U.S.
This order completion is the result of a decade-long research and development partnership between Bavarian Nordic and the U.S. government and fulfills the original contract awarded in 2007, valued at USD 549 million.
"Bavarian Nordic is proud to be a part of fulfilling a US government requirement for bioterrorism preparedness by delivering 20 million doses of IMVAMUNE," said Anders Hedegaard, President and CEO of Bavarian Nordic. "This accomplishment shows that when resources and commitment are applied, industry and government can successfully work together to achieve great things."
Since 2010, Bavarian Nordic has been delivering the vaccine to the SNS. It is being stockpiled for emergency use in individuals with compromised immune systems, such as people with HIV or atopic dermatitis, including children and pregnant and nursing women, who are not recommended to take the previous generation vaccine due to increased risk for severe side effects.
In April, the U.S. government awarded Bavarian Nordic a new contract valued at up to USD 228 million to supply 8 million additional doses of IMVAMUNE needed to maintain the 20 million dose stockpile over time.
About Bavarian Nordic's Partnership with the U.S. Government
Bavarian Nordic initiated the development of IMVAMUNE in 1999. After the U.S. terrorist attacks of 2001, the government expanded its investment in medicines and vaccines to protect against potential bioterrorism agents, by establishing the Project BioShield initiative.
..and then you have some fools claiming there is no need for vaccines or antivirals against smallpox because the virus is completely eradicated.....it is like our government likes this Danish co. so much that is giving them half billion dollars just for the heck of it...ya hear drod?...no government can afford not to have them
...and thanks sigakingone for your always valuable info.