VA awards $2.5M for Lenalidomide Capsules to Exelan Pharmaceuticals Inc

Contract Overview

Contract Amount: $2,534,077 ($2.5M)

Contractor: Exelan Pharmaceuticals Inc

Awarding Agency: Department of Veterans Affairs

Start Date: 2026-01-16

End Date: 2027-01-15

Contract Duration: 364 days

Daily Burn Rate: $7.0K/day

Competition Type: FULL AND OPEN COMPETITION

Number of Offers Received: 1

Pricing Type: FIRM FIXED PRICE

Sector: Healthcare

Official Description: LENALIDOMIDE CAPSULES.

Place of Performance

Location: CARY, WAKE County, NORTH CAROLINA, 27513

State: North Carolina Government Spending

Plain-Language Summary

Department of Veterans Affairs obligated $2.5 million to EXELAN PHARMACEUTICALS INC for work described as: LENALIDOMIDE CAPSULES. Key points: 1. The Department of Veterans Affairs (VA) is procuring Lenalidomide Capsules. 2. Exelan Pharmaceuticals Inc. is the awardee. 3. The contract is for a 364-day period. 4. This is a firm-fixed-price contract. 5. The award was made under full and open competition.

Value Assessment

Rating: good

The contract value of $2,534,076.50 for 364 days of Lenalidomide Capsules appears reasonable given the nature of pharmaceutical procurement. Benchmarking against similar contracts for specialized medications would provide a more precise assessment.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

The contract was awarded under full and open competition, suggesting a competitive bidding process. This method is expected to yield fair market prices and ensure value for taxpayer money.

Taxpayer Impact: The competitive award process aims to secure the best possible price for these essential medications, maximizing the value of taxpayer funds.

Public Impact

Veterans will have continued access to Lenalidomide Capsules, a critical medication. The procurement ensures a stable supply chain for this pharmaceutical product. The VA's commitment to competitive bidding benefits the healthcare system.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Positive Signals

Sector Analysis

The pharmaceutical preparation manufacturing sector is highly regulated and competitive. Spending on specialized drugs like Lenalidomide is significant within the healthcare sector, driven by medical necessity and drug development costs.

Small Business Impact

There is no indication that small businesses were involved in this specific contract award, as the data does not specify subcontracting opportunities or prime awardee size.

Oversight & Accountability

The Department of Veterans Affairs is responsible for overseeing this contract to ensure timely delivery and adherence to quality standards. The firm-fixed-price structure provides cost certainty.

Related Government Programs

Risk Flags

Tags

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

Frequently Asked Questions

What is this federal contract paying for?

Department of Veterans Affairs awarded $2.5 million to EXELAN PHARMACEUTICALS INC. LENALIDOMIDE CAPSULES.

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 $2.5 million.

What is the period of performance?

Start: 2026-01-16. End: 2027-01-15.

What is the historical pricing trend for Lenalidomide Capsules procured by the VA or other federal agencies?

Analyzing historical pricing data for Lenalidomide Capsules is crucial for a comprehensive value assessment. Understanding past price fluctuations, bulk purchase discounts, and the impact of generic availability can reveal whether the current award represents a favorable price point. This context helps determine if the VA is achieving cost efficiencies or if there are opportunities for further negotiation or alternative sourcing strategies.

What are the specific therapeutic uses and patient population served by Lenalidomide Capsules within the VA system?

Lenalidomide is primarily used to treat multiple myeloma and certain other blood disorders. Understanding the specific patient population and the critical nature of these treatments within the VA system helps contextualize the spending. High demand for life-saving or life-extending medications can influence price sensitivity and the urgency of procurement, impacting the negotiation leverage.

Are there any known supply chain risks or single points of failure associated with Exelan Pharmaceuticals Inc. or the manufacturing of Lenalidomide?

Assessing supply chain risks is vital, especially for critical medications. Investigating Exelan Pharmaceuticals Inc.'s manufacturing capacity, regulatory compliance history, and any potential dependencies on raw material suppliers can identify vulnerabilities. Understanding these risks helps the VA implement mitigation strategies, such as requiring backup suppliers or maintaining strategic reserves, to ensure uninterrupted patient access.

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: 1

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: $2,534,077

Exercised Options: $2,534,077

Current Obligation: $2,534,077

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES

Parent Contract

Parent Award PIID: 36F79720D0227

IDV Type: FSS

Timeline

Start Date: 2026-01-16

Current End Date: 2027-01-15

Potential End Date: 2027-01-15 00:00:00

Last Modified: 2026-01-16

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