VaxGen wins $80 million anthrax vaccine contract
Emergency Management Alert, October 8, 2003
Brisbane, CA-based biotechnology firm VaxGen won an $80.3 million federal contract on October 1 to continue development of a new genetically engineered anthrax vaccine, the Associated Press reports.
The three-year contract boosts VaxGen's chances of winning an even larger contract to manufacture the proposed $1.4 billion anthrax vaccine stockpile. The contract, awarded by the National Institute of Allergies and Infectious Diseases, funds animal and human experiments and lets the company manufacture three million doses of the vaccine.
VaxGen plans to test the vaccine's effectiveness on animals infected with anthrax; human volunteers will be injected with the experimental vaccine to determine its safety and whether it produces the desired immune response. The existing anthrax vaccine requires six shots over 18 months, plus an annual booster. VaxGen expects the new vaccine to require fewer shots.
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