There is quite a bit of the funding from BARDA left, more than half of the funding contract, just not of what they were fronted in July, it comes in stages.
Federal Contract Award
HHSO100201500028C
$50.4m / $106.0m Updated Jul 02 2018 Awarding Agency Office of the Assistant Secretary for Preparedness and Response (HHS) BARDA
Awarded Vendor Avita Medical Americas, LLC
Details Definitive Contract HHSO100201500028C is a Cost Plus Fixed Fee Federal Contract Award. The definitive contract is funded by the Office of the Assistant Secretary for Preparedness and Response (HHS). It was awarded to Avita Medical Americas, LLC on Sep 29, 2015. The value of the award is $106,037,926. The NAICS Category for the award is 541711 - Research and Development in Biotechnology. The PSC Category is 6505 - Drugs and Biologicals
48% Funded
45% Complete
In July it was actually raised
Jul 02 2018 $1.2m +3% Changed Base And Exercised Options Value $1.2m +1% Changed Ceiling Value $1.2m +3% Changed Dollars Obligated
AVH Price at posting:
39.5¢ Sentiment: Hold Disclosure: Held
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(20min delay)