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Biotech company announces contracts, adds to biodefense and vaccine development activities

Published in Vaccine Weekly, December 14th, 2005

Commonwealth Biotechnologies, Inc., (CBTE) (CBI) reported receipt of new contract awards totaling nearly $2.0 million with two different government-related agencies.

The new contracts add to CBI's expanding contract base in biodefense and vaccine development support activities. Coming on the heels of a record revenue quarter for CBI and one in which $1.5 million in new contract work was announced recently, these new contracts are more evidence of CBI's growing market share in these two key growth areas. Work on both contracts has already begun and will continue throughout 2006 and into 2007. Revenues from these new contracts are expected to be realized in the fourth...

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