来源: Pharmaceutical Technology
来源: Pharmaceutical Technology
The contract is divided into two option periods, one advanced development option worth $121m, and the second procurement option valued at $583m over a five-year period. Image Credit: Belen B Massieu / Shutterstock.
来源: Pharmaceutical Technology
ReportsLOA and PTSR Model - Malaria [Strain 7G8] Vaccine in Malaria GlobalData 来源: Pharmaceutical Technology
View allCompanies IntelligenceEmergent BioSolutions IncHH&S LtdEmergent Inc.The U.S. governmentDepartment of HealthView all Following the news, Emergent’s share price increased by 14.68% premarket on 1 August, compared to the market close on the previous day. Emergent’s market cap is $392.99m. Under the deal, Emergent will be responsible for the advanced development, manufacturing scale-up, and procurement of Ebanga, a monoclonal antibody. In January 2023, the company was awarded a $379.6m contract by the US Department of Defense for the procurement of a reactive skin decontamination lotion kit, Supply RSDL, for the removal of the chemical warfare agent from the skin. The ten-year contract is divided into two option periods, comprising one advanced development option valued at $121m, and the second procurement option valued at $583m over a five-year period.
The advanced development activities consist of the post-licence development of Ebanga, including technology transfer as part of scaling up manufacturing, submission of a supplemental biologics licence application to the FDA, and completion of stability studies.
In the press release, Emergent senior VP Paul Williams said: “Emergent is proud to continue providing solutions to and partnering with the [US] government to strengthen the medical countermeasure infrastructure that enables the development, manufacture, and delivery of essential treatments for deadly diseases.”