Article: Human Genome Sciences Wins Government Deal Worth $165M.

Washington Editor

The federal government agreed to pay $165 million to Human Genome Sciences Inc. under a contract to supply ABthrax (raxibacumab) to the Strategic National Stockpile.

The order calls for 20,000 courses of the therapeutic from the Rockville, Md.-based company, which first must receive licensure under an emergency use authorization before delivering the product. Then it would receive about 90 percent of the total payment. The events are expected concurrently in 2008, and fulfilling the contract's terms would provide HGS its first product sales.

"It's nice to have a top-line number of $165 million," said Andrew McDonald, an ...

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