Biotech, Partnering, Pharma

CSL Biotherapies makes pharma news with $1.5 billion award from US Government

Posted on 12 September 2012

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A popular headlines on the pharma news was CSL Biotherapies award of $1.5billion from the United States Department of Health and Human Services to supply pre-pandemic and pandemic vaccine antigens and related services to the U.S. national stockpile
.

Under the terms of the contract, the U.S. Government may request CSL Biotherapies to manufacture and store bulk antigen that can be used against influenza strains with pandemic potential as was further reported in the pharma news.

The contract has a maximum potential value of $1,511,407,737.78 if all optional activities are exercised over the duration of the contract.

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