14 August 2024 | Wednesday | News
Picture Credit : BioPharma BoardRoom
Bavarian Nordic A/S (OMX: BAVA) announced a new order from HERA (the European Health Emergency Preparedness and Response Authority) for the Company’s MVA-BN® vaccine, the only FDA and EMA-approved mpox vaccine. HERA will procure 175,420 doses of the vaccine for donation to the Africa CDC (Centres for Disease Control and Prevention) in support of their strengthened response to the mpox outbreak which is spreading across the African continent. Additionally, Bavarian Nordic will donate 40,000 doses to HERA, also to be donated to the Africa CDC.
This larger donation follows a recent pledge from the Company for 15,000 doses as part of coordinated response in the African region by Gavi, WHO and UNICEF.
Currently, only two African countries have granted Emergency Use Authorization for the MVA-BN vaccine, but the WHO last week requested Bavarian Nordic to submit an Expression of Interest for Emergency Use Listing (EUL) of the vaccine, which could accelerate its accessibility to African countries where national regulatory approvals are not yet in place. Furthermore, the Africa CDC has today declared a Public Health Emergency of Continental Security, a new framework aimed to further strengthen and accelerate the public health response against mpox across the entire region.
“Strong global partnerships are at the very core of our European Health Union. Health security threats know no borders and today, thanks to the collaboration between the European Commission, Africa Centre for Disease Control and Bavarian Nordic, we make 215,000 vaccines available to protect the most vulnerable in countries affected by the outbreak of mpox in Africa. Preparedness and response to health threats is a global endeavour which we are determined to pursue collectively and with solidarity across borders,” said Stella Kyriakides, European Commissioner for Health and Food Safety
“Mpox is spreading at an alarming rate in Africa, calling for further action from the international community. We are proud to support HERA’s contribution of vaccines to the region and are pleased to announce an additional donation from Bavarian Nordic. We also applaud the initiatives from the Africa CDC and WHO to strengthen and coordinate the public health response, helping to ensure our vaccine can reach more people on the African continent,” said Paul Chaplin, President and Chief Executive Officer of Bavarian Nordic.
The order from HERA will have no impact on the Company’s overall financial guidance for 2024 but brings the total value of secured contracts close to the lower level of the revenue guidance for the Public Preparedness business in 2024, from which DKK 2,700-3,000 million is expected of a total expected revenue of DKK 5,000-5,300 million for the full year.
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