New Pharma Company Lands $354 Million Government Contract To Produce Coronavirus Drugs In The U.S.

  • 📰 Forbes
  • ⏱ Reading Time:
  • 12 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 53%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

This new pharmaceutical company has landed a $354 million government contract to produce coronavirus drugs in the U.S.

Monday evening, the U.S. government signed a $354 million four-year contract with new pharmaceutical company Phlow Corp. to increase American production of medications that may help treat Covid-19 in a bid to avoid potential supply chain shortages, with the potential to extend the contract to $812 million for the next ten years, according to theThis is one of the largest-ever grants awarded by America’s Biomedical Advanced Research and Development Authority, also known as BARDA.

Most pharmaceutical companies make medication in batches, pausing for quality control measurements and transferring components of the medication to other machines or even other countries in order to finalize production of a drug.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Nothing could do without money support.

PaulZeise So they probably mean “new” as in Trump/Kushner just created it right?

PaulZeise Sounds pretty racist. 🙄

mini_bubbly Kushners run pharmaceutical companies

Follow the Money 🧭💸💸

Sounds like a gop grift yet again.

i already got my Hydrochorlaclean, no thanks

Does this company even have a plant? Ironically same guy tied to the multi-thousand dollar product from Kaleo.

the reason why this is dangerous is partially because you don't need 5G to find out why it's bad.

Proxies working. 🤣🤣

A NEW company?

BOOOOOOOOOOOOOOOOO

💸💸

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 394. in CA

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

New Pharma Company Lands $354 Million Government Contract To Produce Coronavirus Drugs In The U.S.Newly launched Phlow Corp. gets second government contract this month to manufacture drugs and active pharmaceutical ingredients in the states. Huh. Well how about that.
Source: Forbes - 🏆 394. / 53 Read more »