Bioterrorism
AVI BioPharma Receives DoD Contracts for Bioterrorism Response Therapies
Published in Health Risk Factor Week, May 22nd, 2007
AVI BioPharma, Inc. (Nasdaq: AVII), announced the receipt of three signed contracts valued at $7.1 million from the Department of Defense for the development of therapeutic drugs against potential bioterrorism agents, using AVI's NEUGENE(R) technology. The contracts, including $2.66 million to develop antisense agents to treat Ebola virus infections, $2.66 million to treat Marburg virus infections, and $1.78 million to develop countermeasures for exposure to Bacillus anthracis (anthrax) and ricin toxin, were part of a previously announced budget allocation.
"We are extremely pleased to receive these contracts after the extensive due diligence and peer review process...
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