HomelandDefenseStocks. com Reports on Biodefense Stocks Following Recent VaxGen $877.5M Contract
Www. HomelandDefenseStocks. com, (HDS), an investor news portal for the Homeland Defense and Security Sector, presents an exclusive article on the likelihood of a bioterror attack, and the latest contract let under the "Project Bioshield" initiative to purchase Anthrax vaccines.
POINT ROBERTS, WA (PRWEB) November 10, 2004
www. HomelandDefenseStocks. com, (HDS), an investor news portal for the Homeland Defense and Security Sector, presents an exclusive article on the likelihood of a bioterror attack, and the latest contract let under the "Project Bioshield" initiative to purchase Anthrax vaccines. Biodefense stocks gained traction in the market as shares of VaxGen increased twenty percent on news that the U. S. government was buying 75 million doses of its anthrax vaccine, valued at $877.5 million. Other biodefense stocks including Hollis-Eden, a company working on a drug targeting the acute effects of radiation injury, increased share price. The VaxGen contract is a significant milestone in the biodefense sector and gives confidence to the market of continued funding from Project BioShield.
Aethlon Medical, Inc. (OTCBB: AEMD) recently announced it is sponsoring the second annual “Crossing Boundaries: International Biodefense & Civilian Medicine” conference, on November 21-23 in Washington. Aethlon's Chief Scientific Officer, Dr. Richard Tullis, will give a presentation at the conference entitled: "The Hemopurifier™ as a treatment for drug and vaccine resistant bioweapons." George Mason University, the National Center for Biodefense, and The Burnham Institute are hosting the conference that will feature advances in medical biodefense including non-vaccine therapeutic approaches and products, and how these therapies could be applied to civilian medical research.
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Article Excerpt: Major Vaccine contract boosts share price. More to comeÂ…By Allen R. Gibson Nov 2004
VaxGen Inc. has finally received the contract to supply 75 million doses of Anthrax vaccine to the US government; working on closing this contract for more than two years. The contract is worth $877.5 million dollars.
VaxGen shares surged up over 20% on over 5 million volume the day after it received the contract as part of the $5.6 billion "Bio Shield" initiative.
Health and Human Services Secretary Tommy G. Thompson noted when the bill was passed, "Bio Shield will also speed R&D on next-generation countermeasures for other dangerous pathogens, such as Ebola and plague. And it will give the FDA the ability to make promising new treatments available quickly in emergency situations."
Such research, along with stockpiling of vaccines, may be none too soon. A recent study conducted in England says that Bioterror is by far the most likely attach scenario we face. The report, prepared for the British Medical Association, says that, left unchecked, advances in biotechnology could equip terrorists to do as much damage as did the 1918 Spanish Flu epidemic, which killed more US soldiers than all the battles of WW1. Malcolm Dando, the reports author, says controlling biotech is going to be more difficult than the nuclear proliferation issue, and that the "window of opportunity" to take on the spread of such biological weapons is shrinking fast.
For the complete article, click here: http://www. homelanddefensestocks. com/Companies/HomelandDefense/HDS/Vaccine. asp (http://www. homelanddefensestocks. com/Companies/HomelandDefense/HDS/Vaccine. asp)
HDS Featured Profiled Company:
Aethlon Medical, Inc. (OTCBB: AEMD) Biodefense - www. AethlonMedical. com - Pioneering the development of viral filtration devices to treat HIV/AIDS, Hepatitis-C (HCV), and pathogens that are mass-casualty biological warfare candidates.
HomelandDefenseStocks. com includes a growing list of public companies in the sector. Click here for a partial list of companies involved in homeland defense and security technology and solutions in Airport Security, Biodefense, Biometrics, Defense, Internet Security, Integrated Security, Military, Border and Port Security.
Http://www. HomelandDefenseStocks. com/Companies/HomelandDefense/Stock_List. asp (http://www. HomelandDefenseStocks. com/Companies/HomelandDefense/Stock_List. asp)
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