Ann: AGM - CEO and Chairman Address to Shareholders, page-69

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    lightbulb Created with Sketch. 200
    Hi all
    Re the BARDA "Revenue" discussion. As far as I understood it BARDA reimburses us for expenses incurred. While that revenue (hence also costs) grosses up our revenues and expenses, cashflow wise it should be net zero impact (that is if we have no profit margin applied to the supply of product for the BARDA trials). The lucrative aspect is the expected BARDA order(s) to fill their warehouse. Can anyone remember the shelf-life period, was it 2 years?
    Some exciting posts here guys, thanks.
 
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