Cerus Corp Awarded $248,591,407.65 Biomedical Advanced Research and Development Authority Contract From The Department Of Human Services For Health R&D Services; Health Care Services; Experimental Development
Portfolio Pulse from Benzinga Newsdesk
Cerus Corp has been awarded a $248.6 million contract by the Biomedical Advanced Research and Development Authority for health R&D services. This significant contract is expected to enhance Cerus Corp's capabilities in health care services and experimental development.
October 07, 2024 | 2:50 pm
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Cerus Corp has secured a $248.6 million contract from the Biomedical Advanced Research and Development Authority, which is likely to significantly boost its revenue and enhance its capabilities in health R&D services.
The substantial contract from BARDA is a positive development for Cerus Corp, as it not only provides a significant revenue boost but also enhances the company's capabilities in health R&D services. This is likely to positively impact the stock price in the short term.
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