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Avant Licenses Vaccine Technology to U.S. Department of Defense Contractor.(Brief Article)
2001 NOV 14 - (NewsRx.com & NewsRx.net) -- Avant Immunotherapeutics Inc. (AVAN) has signed a license agreement with DynPort Vaccine Company LLC ("DVC") for exclusive rights to use certain components of Avant's vaccine technology. Financial terms of the agreement with DVC include license fees, milestone payments, and royalties of an undisclosed amount.
DVC, a private company, is chartered with providing an integrated approach for the advanced development of specific vaccines and other products to protect against the threat of biological warfare agents. In 1997, the U.S. Department of Defense initiated the Joint Vaccine Acquisition Program, which includes a 10-year contract with DVC for the development of vaccines ...
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Source: HighBeam Research, Avant Licenses Vaccine Technology to U.S. Department of Defense...