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-0.000882093501911236 -0.00058806233460756 0.00382240517494841 0.00382240517494841 0.00382240517494841 0.00382240517494841 0.00382240517494841 0.00382240517494841
Stock impact report

Vericel Announces BARDA Award Valued at up to $197 Million for Procurement and Advanced Development of NexoBrid [Yahoo! Finance]

Vericel Corporation (VCEL) 
Last vericel corporation earnings: 2/25 08:00 am Check Earnings Report
US:NASDAQ Investor Relations: investors.vcel.com/investor-relations
Company Research Source: Yahoo! Finance
for the sports medicine and severe burn care markets, has been awarded a ten-year contract valued at up to $197 million by the U.S. Biomedical Advanced Research and Development Authority (BARDA), part of the Administration for Strategic Preparedness and Response (ASPR) within the U.S. Department of Health and Human Services (HHS), for the procurement of NexoBrid ® , establishment and maintenance of a Vendor Managed Inventory (VMI) system, design and validation of a U.S based manufacturing facility, and the development of a next generation formulation and additional indication for NexoBrid. The base period contract of $35 million includes approximately $10 million over the next 12 months for the initial procurement of NexoBrid for the U.S. Strategic National Stockpile and VMI establishment, funding for VMI-related services and initial development activities for a potential expanded NexoBrid indication for the treatment of blast trauma injuries. The ten-year contract, effective as of Show less Read more
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