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News Link • Bioterrorism

Is Congress About to Reduce Funding for Bioterrorism Vaccines?

• io9.com
But, faced with budget constraints and perceptions of a decreased terrorist threat, Congress is having second thoughts about how it funds the program.

Project BioShield established steady, guaranteed funding of $560 million per year as a way to create a market incentive for pharmaceutical companies to produce vaccines for which there is no large-scale commercial demand.

As a report published by the Center for a New American Security (CNAS) notes, the initiative sought to mitigate the financial risks and opportunity costs associated with the lengthy development of new drugs:

 

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