LEIDEN, NETHERLANDS -- (Marketwire) -- 08/17/09 -- Dutch biopharma company
Crucell N.V. (Euronext, Nasdaq: CRXL) (SWISS: CRX) today
announced that a large supranational organization has awarded the
first portion of new contracts worth $300 million for supplies of
Crucell's Quinvaxem® paediatric vaccine. The new contracts are the
largest ever received by Crucell and cover the period 2010-2012, with
the initial awarded amount expected to grow even further over those
three years.
These contracts are in addition to the $500 million obtained over the
tender period 2007-2009, and support the superior quality and
reliability of Crucell's fully-liquid pentavalent vaccine. They bring
the total value of contracts awarded since the launch of Quinvaxem®
at the end of 2006 to $800 million. During the first tender round in
2006, Crucell was initially awarded $230 million (Dec 2006) and
received additional incremental awards of $130 million and $140
million in May and September, 2008, respectively.
"This new award for the period 2010-2012 emphasizes Crucell's
position as a leading supplier of important vaccines. We are very
proud that by means of our pentavalent vaccine we are able to save
lives by making a significant contribution to children's vaccination
programs in the developing world," said Ronald Brus, Crucell's Chief
Executive Officer.
Following the WHO prequalification in September 2006, the combination
fully liquid pentavalent vaccine was made available to supranational
purchasing organizations. Supranational organizations are major
customers for combination vaccines, which are used in large
vaccination programs in developing countries.
Quinvaxem® is a fully liquid vaccine combining antigens for
protection against five potentially deadly childhood diseases:
diphtheria, tetanus, pertussis (whooping cough), hepatitis B, and
Haemophilus influenzae type B (hib). As the first internationally
available fully liquid vaccine containing all five of these antigens,
Quinvaxem® offers major healthcare advantages, particularly in
countries with a challenging infrastructure and hygiene problems.
About Crucell
Crucell N.V. (Euronext, NASDAQ: CRXL) (SWISS: CRX) is a
global biopharmaceutical company focused on research development,
production and marketing of vaccines, proteins and antibodies that
prevent and/or treat infectious diseases. Its vaccines are sold in
public and private markets worldwide. Crucell's core portfolio
includes a vaccine against hepatitis B, a fully-liquid vaccine
against five important childhood diseases and a virosome-adjuvanted
vaccine against influenza. Crucell also markets travel vaccines, such
as the only oral anti-typhoid vaccine, an oral cholera vaccine and
the only aluminum-free hepatitis A vaccine on the market.