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BAVARIAN NORDIC DELIVER 1 MILLION DOSES OF SMALLPOX VACCINE IN PREPARATION FOR BIO ATTACK |
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KVISTGÅRD, Denmark -July 13, 2010 - Bavarian Nordic A/S (NASDAQ OMX: BAVA) announced
today that it has delivered 1 million doses of its smallpox vaccine IMVAMUNE® to the U.S. Strategic National Stockpile
for use in the event of a smallpox bioterrorism attack on the U.S. IMVAMUNE® is the first vaccine successfully
developed under Project BioShield, a U.S. program created by Congress in 2004 to develop and purchase medicines and vaccines
to protect the American public from bioterrorism attacks. Bioterrorism experts are concerned about the possibility of
an attack on the US that exposes the population to the smallpox virus. IMVAMUNE® was clinically developed
and manufactured under contracts with the Biomedical Advanced Research and Development Authority (BARDA), a division of the
U.S. Department of Health & Human Services (HHS), as well as the National Institutes of Health (NIH). Under the
BARDA contract, Bavarian Nordic will deliver 20 million doses of IMVAMUNE® to the U.S. Strategic National Stockpile, with
an option for 60 million more doses. ..... Security experts-including the U.S. Commission on the Prevention of Weapons of Mass Destruction Proliferation
and Terrorism-expect that an act of biological terrorism is more likely than nuclear terrorism. Compared to a nuclear
weapon, a biological weapon is much cheaper to produce, the starting materials are more accessible, and less diversity of
technological experience is required. HHS considers smallpox a high-priority threat. Because vaccination against smallpox is no longer standard, an increasing proportion of the population is unprotected
and vulnerable to a bioterrorism attack. Smallpox presents a continued global threat for which countries need to be
prepared. |
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