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Protein Sciences Corporation News

Web Site: http://www.proteinsciences.com
- Sanofi Pasteur Inc. 1000 Research Pkwy., Meriden, CT 06450 - 7159
Tel: (203) 686-0800 Fax: (203) 686-0268

Protein Sciences Corporation, founded in 1983, is a privately held vaccine company with headquarters in Meriden, Connecticut. PSC's mission is to save lives and improve health.

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U.S. Biomedical Advanced Research and Development Authority (BARDA) Extends Contract with Protein Sciences Corporation

June 16, 2014

Protein Sciences Corporation announced today that BARDA, within the U.S. Department of Health and Human Services, exercised Option Period 2 of its contract with the Company (contract number HHS0100200900106C) to support development, scale-up and expanded licensure of the Company's influenza vaccines, FlublokŪ (seasonal) and PanblokŪ (pandemic). Option Period 2 has a budget of $50.6 million and will run through December 31, 2015. The total value of the contract, originally awarded in 2009, is $146.9 million.

BARDA funds supported the initial licensure of Flublok, the world's first recombinant influenza vaccine, which was approved by FDA in January 2013. The recombinant technology used to make Flublok and Panblok is the pandemic solution; these vaccines can be made safely, accurately and much faster than they could by using other technologies. The Option Period 2 funds will support licensure of Protein Sciences' newly acquired larger-scale manufacturing facility in Pearl River, New York that manufactures Flublok and is planned to have the capacity to produce 50 million doses of Panblok within 6 months of declaration of a pandemic as required by the BARDA contract. The funds will also be used for clinical studies to support licensure of Panblok and a quadrivalent formulation of Flublok.

Manon Cox, President and CEO of Protein Sciences said, "We are fortunate to have been able to build a strong partnership with BARDA." She added, "An analysis of past pandemics revealed that vaccines were available too late and in short supply. Recombinant technology such as that used to make Flublok and Panblok ensures abundant vaccines with the correct sequence are available when they are needed."

 
 

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