Danish biotech firm Bavarian Nordic has received orders from the US agency BARDA, which exercised options worth 97 million dollars for the production and supply of a freeze-dried formulation of its smallpox vaccine, Jynneos. This was disclosed in a press release.
The order covers both the manufacturing of vaccine components and the delivery of doses, scheduled for production and supply during 2027. Invoicing for the bulk of the contract value will take place in 2026.
In connection with the deal, the company is raising its full-year 2026 guidance. Revenue is now expected to reach approximately DKK 5.5–5.7 billion, up from the previous estimate of DKK 5.0–5.2 billion. Revenue within the Public Preparedness business segment has been revised upward to DKK 2.3–2.5 billion (from 1.8-2.0). Meanwhile, the projected EBITDA margin has been raised to approximately 28 percent, up from the previous 25 percent.
Bavarian CEO Paul Chaplin described the order as a significant milestone in the company's partnership with the United States.
Bavarian Nordic A/S specializes in the development, manufacturing and commercialization of cancer immunotherapies and vaccines for the prevention and treatment of infectious diseases.
Net sales by revenue source are divided between sales of products (97,2%) and services (2,8%).
Net sales are distributed geographically as follows: the United States (43.2%), Germany (18.6%), France (11.6%), Canada (3.6%), THE United Kingdom (3.4%), Finland (2.9%), Singapore (2.2%), Switzerland (1.7%), Australia (1.3%), Saudi Arabia (1.2%), Spain (0.6%), and others (9.7%).
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