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Anthrax

Firm negotiates vaccine rights

Published in TB and Outbreaks Week, September 23rd, 2003

Shares of VaxGen, Inc., surged after the biotechnology company announced it was negotiating to sell rights to its experimental anthrax vaccine in the United Kingdom.

No deal has been made, and the company's vaccine is still years away from gaining regulatory approval. Still, the company's stock closed up nearly 23% on the announcement.

Brisbane-based VaxGen issued a news release that said it was negotiating with the Health Protection Agency for England and Wales.

VaxGen is developing the vaccine, dubbed rPA102, under a $16.2 million contract from the National Institute of Allergy and Infectious Diseases, one of the U.S. National...

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