Emergent BioSolutions Secures $20 Million Defense Contract
Emergent BioSolutions Expands Support for National Defense
Emergent BioSolutions Inc. has made an important announcement regarding the exercise of a contract option worth approximately $20 million. This contract involves supplying BioThrax® (Anthrax Vaccine Adsorbed) to the United States Department of Defense.
Details of the Contract
The first delivery under this contract was valued at around $7 million and initiated in late 2024. The remaining deliveries are expected to follow in the upcoming year. Such contracts highlight Emergent's ongoing commitment to safeguarding the health and readiness of U.S. military personnel, who may face potential threats from anthrax exposure.
Executive Statements
Paul Williams, Senior Vice President and head of products at Emergent, expressed satisfaction with the continued partnership with the Department of Defense. In his words, "We're pleased to continue our work to protect our nation's service members who have a high risk of exposure to anthrax." This statement reflects the company's dedication to fulfilling critical needs related to public health and national defense.
The Significance of BioThrax®
BioThrax® is not just another vaccine; it is a foundational component in the fight against anthrax, a serious public health threat. It is primarily used as a preventive measure for individuals at high risk of exposure, particularly military personnel. The vaccine is also vital for post-exposure prophylaxis when administered alongside recommended antibiotics.
Safety Information and Efficacy
Emergent BioSolutions ensures the utmost safety standards with BioThrax®. The vaccine is indicated for individuals aged 18 to 65 and is developed to promote active immunization against Bacillus anthracis. However, it is essential to consider specific contraindications, including severe allergic reactions and potential interactions among individuals with altered immune systems.
Broadening the Anthrax Portfolio
This recent contract is part of a broader strategy by Emergent BioSolutions to bolster its anthrax treatment portfolio. In December 2024, the company announced an additional $50 million contract option from the Biomedical Advanced Research and Development Authority for CYFENDUS® (Anthrax Vaccine Adsorbed, Adjuvanted). This development showcases Emergent's expansive approach to public health threats.
Emergent's Commitment to Public Health
Emergent BioSolutions has spent over 25 years protecting lives through the development of vaccines and therapeutics for urgent public health challenges. Their mission emphasizes preparedness against unpredictable biological threats. With a commitment to enhance and protect life, they aim to positively impact 1 billion lives by 2030, showcasing a long-term vision for public health.
Frequently Asked Questions
What is BioThrax® used for?
BioThrax® is used for the prevention of anthrax disease, serving as both pre-exposure and post-exposure prophylaxis.
How much is the new contract with the Department of Defense worth?
The contract is valued at approximately $20 million to supply BioThrax® to the Department of Defense.
When did the first delivery under this contract begin?
The first delivery started in December 2024, valued around $7 million.
What is the age range for BioThrax® recipients?
BioThrax® is indicated for individuals aged 18 to 65 years.
What other anthrax treatments does Emergent offer?
Emergent offers other anthrax treatments such as Anthrasil® and raxibacumab, enhancing their anthrax franchise.
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