Replies to post #420 on GenVec Inc (fka GNVC)

[io_io]

"The Foreign Animal Disease vaccines and diagnostics program is on schedule to have the vaccine fully licensed and ready for production by private industry and procurement to the National Veterinary Stockpile by November 2009."


Hi, that is quite an intriguing first post. What do you know about FMD vaccines ?

Is there competition ? (anyone read the 10-k ?)

[io_io]

"The Foreign Animal Disease vaccines and diagnostics program is on schedule to have the vaccine fully licensed and ready for production by private industry and procurement to the National Veterinary Stockpile by November 2009."


The Dept of Homeland Security has been shelling out big $ for these bio-defence vaccines, once they are ready. For example HGSI delivered 20,000 does of Anthrax vaccine to the national stockpile - and how much was that worth ?

http://www.hgsi.com/latest/human-genome-sciences-begins-delivery-of-first-in-class-anthrax-treatment-to-u.s.-strategic-national-stoc-2.html

It looks like total payment will be $165m (another $8m to come). And because HGSI most of this happened in q1, and because of huge margins, HGSI made $128m profit for the quarter (despite other operations losing money).