"Project BioShield Is Offering Incentive for Vaccine Makers"
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"Project BioShield Is Offering Incentive
for Vaccine Makers" Wall Street Journal (www.wsj.com)
(01/30/03); Chase, Marilyn
Senior health officials say the
incentives offered through the Bush administration's Project BioShield program
should inspire more vaccine companies to develop new, lifesaving products.
Anthony S. Fauci, director of the National Institute of Allergy and Infectious
Diseases (NIAID), said the $6 billion initiative offered enough financial
incentive to override any past reluctance to participate in such programs due to
concerns over "the lack of a guaranteed market." Funding for the Project
Bioshield program would be used to purchase improved vaccines for smallpox,
anthrax and botulinum toxin over 10 years. The program would also provide NIAID
and National Institutes of Health a streamlined authority that could accelerate
the grant approval process for biodefense research for new remedies, and the
Food and Drug Administration, which could go through Project Bioshield to obtain
approval for the use of emergency drugs and vaccines for a bioterror attack.
Fauci added that more important than the sizeable investment in the program was
the creation of a "permanent, indefinite funding authority" that would not be
subject to budgeting changes.
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