Bavarian Nordic to Supply Smallpox Vaccines for EU Strategic Reserve

26 June 2023 | Monday | News

Bavarian Nordic A/S (OMX: BAVA) announced, that it has been awarded a contract valued at EUR 10 million to supply its smallpox vaccine to rescEU, a strategic reserve within the European Union (EU) which aims to strengthen the EU’s ability to respond to biological threats in the future
Image Source | Public Domain

Image Source | Public Domain

The strategic stockpile has been established to enable rapid deployment to EU member states and other countries participating in the EU Civil Protection Mechanism of medical countermeasures in case of emergencies.

Deliveries of the vaccine are expected to occur in the first half of 2024 and thus will not impact the Company’s financial guidance for 2023.

Paul Chaplin, President & CEO of Bavarian Nordic, said: “We are pleased to extend our collaboration with the EU to help build a stronger preparedness against biological threats in the future. Since last year, we have worked with the European Health Emergency Preparedness and Response Authority (HERA) to supply our vaccine in response to the mpox outbreak, leading to a multi-year partnership, which has expanded the access to the vaccine across Europe. With this new contract to supply our vaccine to another strategic section within EU, we are now also helping to reinforce the EU’s ability to respond to future health crises, such as intentional attacks with or unintentional release of smallpox.”

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