VaxGen
Recent news from VaxGen summarized
Published in Healthcare Mergers, Acquisitions and Ventures Week, March 24th, 2007
This trend article is an immediate alert from NewsRx to identify the most recent news developments at VaxGen.
Report 1: VaxGen, Inc., (VXGN.PK) announced that the U.S. Department of Health & Human Services (HHS) has terminated for default the company's contract to provide 75 million doses of a modern anthrax vaccine for civilian biodefense.
HHS based the decision on its determination that VaxGen "failed to successfully cure the condition endangering performance and failed to" meet a milestone imposed by HHS that required VaxGen to initiate a clinical trial of the vaccine candidate by December...
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