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Chimerix gets boost on BARDA smallpox contract extension

This article was originally published in Scrip

Executive Summary

Shares of biotech Chimerix jumped nearly 7% in morning trading on 3 June on word the US Biomedical Advanced Research and Development Authority (BARDA) extended the company's contract for another year to back development of CMX001, an experimental medical countermeasure against smallpox – providing an additional $5 million.

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