VA awards $4.55M for Lenalidomide to Exelan Pharmaceuticals, ensuring patient care through full and open competition

Contract Overview

Contract Amount: $4,548,792 ($4.5M)

Contractor: Exelan Pharmaceuticals Inc

Awarding Agency: Department of Veterans Affairs

Start Date: 2026-01-15

End Date: 2027-01-14

Contract Duration: 364 days

Daily Burn Rate: $12.5K/day

Competition Type: FULL AND OPEN COMPETITION

Number of Offers Received: 2

Pricing Type: FIRM FIXED PRICE

Sector: Healthcare

Official Description: LENALIDOMIDE FOR THE DURHAM VAMC FOR PATIENT CARE

Place of Performance

Location: BOCA RATON, PALM BEACH County, FLORIDA, 33432

State: Florida Government Spending

Plain-Language Summary

Department of Veterans Affairs obligated $4.5 million to EXELAN PHARMACEUTICALS INC for work described as: LENALIDOMIDE FOR THE DURHAM VAMC FOR PATIENT CARE Key points: 1. The contract focuses on essential pharmaceutical preparation manufacturing for patient care. 2. Exelan Pharmaceuticals Inc. is the sole awardee, indicating a specific market position. 3. The award utilizes a firm fixed price contract, providing cost certainty. 4. This procurement supports the Durham VA Medical Center's operational needs.

Value Assessment

Rating: good

The award of $4.55M for Lenalidomide appears reasonable given the specialized nature of pharmaceutical preparations. Benchmarking against similar VA or DoD contracts for this drug would provide a more precise assessment of value.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

The contract was awarded under full and open competition, suggesting a robust price discovery process. This method typically leads to more competitive pricing by allowing all eligible vendors to bid.

Taxpayer Impact: The competitive award process aims to ensure taxpayer funds are used efficiently for necessary medical supplies.

Public Impact

Ensures continued access to critical medication for veterans. Supports the operational readiness of the Durham VA Medical Center. Promotes fair market competition within the pharmaceutical supply chain.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Positive Signals

Sector Analysis

The pharmaceutical preparation manufacturing sector is highly regulated and critical for healthcare. Spending in this area is driven by patient needs and the availability of specialized drugs like Lenalidomide.

Small Business Impact

While this specific award went to Exelan Pharmaceuticals Inc., the 'full and open competition' nature of the award theoretically allows for small business participation if they meet the qualifications and bid successfully.

Oversight & Accountability

The Department of Veterans Affairs is responsible for overseeing this contract to ensure timely delivery and quality of the pharmaceutical product, safeguarding patient well-being and taxpayer investment.

Related Government Programs

Risk Flags

Tags

pharmaceutical-preparation-manufacturing, department-of-veterans-affairs, fl, delivery-order, 1m-plus

Frequently Asked Questions

What is this federal contract paying for?

Department of Veterans Affairs awarded $4.5 million to EXELAN PHARMACEUTICALS INC. LENALIDOMIDE FOR THE DURHAM VAMC FOR PATIENT CARE

Who is the contractor on this award?

The obligated recipient is EXELAN PHARMACEUTICALS INC.

Which agency awarded this contract?

Awarding agency: Department of Veterans Affairs (Department of Veterans Affairs).

What is the total obligated amount?

The obligated amount is $4.5 million.

What is the period of performance?

Start: 2026-01-15. End: 2027-01-14.

What is the historical pricing trend for Lenalidomide from this vendor or similar vendors?

Analyzing historical pricing data for Lenalidomide from Exelan Pharmaceuticals Inc. or comparable suppliers is crucial. This trend analysis would reveal if the current $4.55M award represents a fair market price or if there have been significant escalations or reductions over time, impacting the overall value for the VA.

What are the risks associated with relying on a single supplier for this critical medication?

Reliance on a single supplier, even one secured through competitive bidding, introduces risks such as supply chain disruptions due to unforeseen events (e.g., manufacturing issues, natural disasters, geopolitical instability). This could lead to medication shortages, impacting veteran patient care and potentially requiring emergency procurement at higher costs.

How effectively does this contract ensure the consistent availability of Lenalidomide for patient care?

The contract's duration of one year with a potential for renewal, coupled with a firm fixed price, suggests a structured approach to ensuring consistent availability. However, effectiveness hinges on Exelan's manufacturing capacity, supply chain resilience, and adherence to delivery schedules, all of which require ongoing VA oversight.

Industry Classification

NAICS: ManufacturingPharmaceutical and Medicine ManufacturingPharmaceutical Preparation Manufacturing

Product/Service Code: MEDICAL/DENTAL/VETERINARY EQPT/SUPP

Competition & Pricing

Extent Competed: FULL AND OPEN COMPETITION

Solicitation Procedures: SUBJECT TO MULTIPLE AWARD FAIR OPPORTUNITY

Offers Received: 2

Pricing Type: FIRM FIXED PRICE (J)

Evaluated Preference: NONE

Contractor Details

Address: 370 W CAMINO GARDENS BLVD STE 204, BOCA RATON, FL, 33432

Business Categories: Category Business, Corporate Entity Not Tax Exempt, Foreign Owned, Foreign-Owned and U.S.-Incorporated Business, Not Designated a Small Business, Special Designations

Financial Breakdown

Contract Ceiling: $4,548,792

Exercised Options: $4,548,792

Current Obligation: $4,548,792

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES

Parent Contract

Parent Award PIID: 36F79720D0227

IDV Type: FSS

Timeline

Start Date: 2026-01-15

Current End Date: 2027-01-14

Potential End Date: 2027-01-14 00:00:00

Last Modified: 2026-01-14

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