HHS awards $205M to BioCryst for influenza antiviral development via full and open competition

Contract Overview

Contract Amount: $204,984,699 ($205.0M)

Contractor: Biocryst Pharmaceuticals Inc

Awarding Agency: Department of Health and Human Services

Start Date: 2007-01-03

End Date: 2014-04-30

Contract Duration: 2,674 days

Daily Burn Rate: $76.7K/day

Competition Type: FULL AND OPEN COMPETITION

Number of Offers Received: 7

Pricing Type: COST PLUS FIXED FEE

Sector: R&D

Official Description: ADVANCE DEVELOPMENT OF NEW ANTIVIRAL AGENT FOR INFLUENZA

Place of Performance

Location: BIRMINGHAM, SHELBY County, ALABAMA, 35244

State: Alabama Government Spending

Plain-Language Summary

Department of Health and Human Services obligated $205.0 million to BIOCRYST PHARMACEUTICALS INC for work described as: ADVANCE DEVELOPMENT OF NEW ANTIVIRAL AGENT FOR INFLUENZA Key points: 1. Significant investment in critical public health research. 2. BioCryst Pharmaceuticals Inc. is the sole awardee. 3. Contract duration is substantial, spanning over 7 years. 4. Focus on R&D in life sciences, a key government priority.

Value Assessment

Rating: good

The contract value of $205M over 7 years for R&D is within a reasonable range for advanced pharmaceutical development. Benchmarking is difficult without specific comparable contracts for novel antiviral agents.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

The contract was awarded using full and open competition, suggesting a robust process for selecting the best offer. This method generally promotes competitive pricing and innovation.

Taxpayer Impact: Taxpayer funds are directed towards developing a potentially life-saving medical countermeasure, representing a strategic investment in national health security.

Public Impact

Development of new influenza treatments enhances national pandemic preparedness. Investment supports the pharmaceutical sector and scientific advancement. Potential for future public health benefits if the agent proves effective.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Positive Signals

Sector Analysis

This contract falls under Research and Development in the life sciences sector. Government spending in this area is crucial for addressing public health threats and fostering innovation, often involving long-term, high-risk investments.

Small Business Impact

The awardee is BioCryst Pharmaceuticals Inc., a significant entity. There is no indication of small business participation in this specific contract award.

Oversight & Accountability

The contract's long duration and cost-plus nature necessitate robust oversight from HHS to ensure efficient use of funds and adherence to project milestones. Regular reporting and performance reviews are critical.

Related Government Programs

Risk Flags

Tags

research-and-development-in-the-physical, department-of-health-and-human-services, al, definitive-contract, 100m-plus

Frequently Asked Questions

What is this federal contract paying for?

Department of Health and Human Services awarded $205.0 million to BIOCRYST PHARMACEUTICALS INC. ADVANCE DEVELOPMENT OF NEW ANTIVIRAL AGENT FOR INFLUENZA

Who is the contractor on this award?

The obligated recipient is BIOCRYST PHARMACEUTICALS INC.

Which agency awarded this contract?

Awarding agency: Department of Health and Human Services (Office of Assistant Secretary for Preparedness and Response).

What is the total obligated amount?

The obligated amount is $205.0 million.

What is the period of performance?

Start: 2007-01-03. End: 2014-04-30.

What is the projected timeline for the antiviral agent's development and potential market entry?

The contract spans from 2007 to 2014, indicating a 7-year development period. However, the data does not specify the exact milestones or the expected timeline for regulatory approval or market entry post-development. Further information would be needed to assess the efficiency of this timeline relative to industry standards for antiviral drug development.

How does the cost-plus fixed fee structure impact the risk of cost overruns for this R&D project?

Cost-plus fixed fee contracts share cost risks. While the contractor is reimbursed for allowable costs plus a fixed fee, the government bears the primary risk of cost overruns. Effective oversight is crucial to manage scope and prevent unnecessary expenditures, especially in long-term R&D where uncertainties are high.

What are the key performance indicators (KPIs) used to measure the success of this antiviral development contract?

The provided data does not detail the specific KPIs for this contract. Typically, for R&D contracts like this, KPIs would include achieving specific scientific milestones (e.g., efficacy in preclinical models, safety profiles), adherence to development timelines, and successful progression through regulatory pathways. Robust measurement is key to assessing value.

Industry Classification

NAICS: Professional, Scientific, and Technical ServicesScientific Research and Development ServicesResearch and Development in the Physical, Engineering, and Life Sciences

Product/Service Code: RESEARCH AND DEVELOPMENTN – Health R&D Services

Competition & Pricing

Extent Competed: FULL AND OPEN COMPETITION

Solicitation Procedures: NEGOTIATED PROPOSAL/QUOTE

Solicitation ID: DHSORDCVB0601

Offers Received: 7

Pricing Type: COST PLUS FIXED FEE (U)

Evaluated Preference: NONE

Contractor Details

Address: 2190 PKWY LAKE DR, BIRMINGHAM, AL, 35244

Business Categories: Category Business, Corporate Entity Not Tax Exempt, Small Business

Financial Breakdown

Contract Ceiling: $204,984,699

Exercised Options: $204,984,699

Current Obligation: $204,984,699

Actual Outlays: $-305,899

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES PROCEDURES NOT USED

Timeline

Start Date: 2007-01-03

Current End Date: 2014-04-30

Potential End Date: 2014-04-30 00:00:00

Last Modified: 2025-01-10

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