Bavarian Nordic Secures Major Contract for Smallpox and Mpox Vaccines
Danish biotech firm to supply 440,000 doses to an undisclosed European country amid rising demand
- The contract aligns with Bavarian Nordic's 2024 revenue forecast and strategic goals.
- WHO declared mpox a global health emergency following an outbreak in the Democratic Republic of Congo.
- Bavarian Nordic can supply up to 10 million doses by the end of next year, with 2 million available this year.
- Shares of Bavarian Nordic surged over 11% following the announcement and strong earnings.
- The total value of secured contracts in public preparedness is nearing DKK 3 billion.