Initial phase value of contract is US$8.2 million for 10 patient clinical trial, which if showing successful outcomes may be followed at BARDA’s discretion by a US$18 million 150 patient trial, which if successful will lead to a fully funded PMA pathway to FDA approval valued at a further US$26 Million. Total potential value: US$52.2 million over perhaps 3-4 years. Not bad.
Ann: PolyNovo Awarded BARDA Contract for Burns Trial, page-2
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