Ann: AGM - CEO and Chairman Address to Shareholders, page-78

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    Thank Bill, you are good at sourcing the specific information, supporting.

    BARDA’s contracts for such MCMs employ a vendor-managed inventory with stock rotation, meaning the company holds the product and rotates it to the market before it expires; thus, over the life of the contract, the supply owned by the U.S. government never expires. This stockpiling mechanism has brought lifesaving MCMs to clinical care settings and saved taxpayers hundreds of millions of dollars over the past ten years.


 
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