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Bavarian Nordic Delivers 1 Million Doses of First Vaccine Developed Under U.S. Biopreparedness Program to the Strategic National Stockpile
Date:7/13/2010

f Health (NIH), for the further development of IMVAMUNE®.  In 2004, Bavarian Nordic was awarded its second U.S. Government contract, valued at $115 million, to continue advanced development of IMVAMUNE® including clinical trials in individuals with compromised immune systems.  In parallel, Bavarian Nordic invested $100 million in the construction of an industrialized manufacturing facility specifically designed to meet the potential demands for IMVAMUNE® by the U.S. Government.

In June 2007, the U.S. Government awarded Bavarian Nordic its third contract for $500 million to manufacture and deliver 20 million doses of IMVAMUNE® for the Strategic National Stockpile.  This contract includes an option to purchase an additional 60 million doses.  In November 2009, BARDA awarded another contract with a prospective value of up to $40 million to Bavarian Nordic for development of a freeze-dried version of IMVAMUNE®.  IMVAMUNE® is the first entirely new biodefense vaccine developed under Project BioShield for inclusion in the Strategic National Stockpile.

BARDA, a division of HHS, manages Project BioShield and is responsible for working with biotechnology and pharmaceutical companies to develop and stockpile effective medicines and vaccines against bioweapons, pandemic influenza, and other emerging infectious diseases.

This release will have no impact on the company's financial guidance for 2010.

Bavarian Nordic: An Established Biodefense Leader

Founded in 1994, Bavarian Nordic is a leading industrial biotechnology company working to target unmet medical needs by developing and pro
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SOURCE Bavarian Nordic
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