Inovio Pharmaceuticals Inc (INO)

[Lakers_w]

The Stimulus bill is now on the Presidents desk ready to be sign into law today.

The house passed the bill yesterday evening (359 - 53 vote)
The Senate passed the bill just hours later (92 - 6 vote)

Of the $900+ Billion stimulus package $28 Billion is earmarked for Vaccines!!
Of the $28 Billion = $8 Billion is for vaccine distribution and an additional $20 Billion is for vaccines.
GAVI is getting $3.36 Billion for vaccines to 3rd world countries. GAVI is who is funding COVAX.

Inovio is working with GAVI, COVAX, CEPI and Bill and Malinda Gates foundation to help vaccinate the 3rd world countries.

Note: Money for vaccines from Pfizer, Moderna, J&N, AZN and Novavax was already funded back in March through the Cares Act. This $20 Billion is additional money for vaccines!!!

Tons and Tons of money is going start flowing back into vaccines companies!!!!! Tier 2 vaccine companies this time will get attention.

DoD has already started paying on the $71 million. The $71 million is a T&M contract (time and material not lump sum contract). That means Inovio invoices the DOD as it acquires costs. Its shown in Inovio's 10K the last two quarters. I am sure you read it. You may have just not realized it.

Plan accordingly.

By AT