Venatorx pharmaceuticals, INC.
Ended Definitive Contract Awarded Last action
- Contract number
- 75A50119C00007
- Awardee
-
Venatorx Pharmaceuticals Inc. UEI MBBKNBU5DCC6
- Awarding agency
-
Office of the Assistant Secretary for Preparedness and Response
Department of Health and Human Services
- Obligated
- $106,573,640
Award facts
- Opportunity
-
- Biomedical Advanced Research and Development Authority (BARDA) Broad Agency Announcement (BAA) Pre-Solicitation · BAA18100SOL00003 · Posted Oct 16, 2017
- Contract value 73% obligated
-
- $131,756,813.69 Current, with exercised options
- $146,866,137.69 Potential, with all options
- Completion date 100% complete
- Current and potential, with all options
- Contracting staff
- NAICS code
- 541714 Research and Development in Biotechnology (except Nanobiotechnology)
- Set-aside
- No set-aside
- Competition
- Full and Open Competition · 1 offer Negotiated Proposal / Quote
- Pricing
- Cost Sharing
- Place of performance
- Downingtown, PA 19335, USA
Award details come from SAM.gov/FPDS.
Transactions
| Action | Obligated | Date |
|---|---|---|
| Other Administrative Action | -$615,399 | |
| Other Administrative Action | -$0 | |
| Other Administrative Action | $0 | |
| Other Administrative Action | $0 | |
| Funding Only Action | $7,000,000 | |
| Other Administrative Action | $0 | |
| Other Administrative Action | $0 | |
| Other Administrative Action | $0 | |
| Other Administrative Action | $0 | |
| Other Administrative Action | $0 | |
| Other Administrative Action | $0 | |
| Other Administrative Action | $0 | |
| Other Administrative Action | $8,368,140 | |
| Other Administrative Action | $0 | |
| Other Administrative Action | $0 | |
| Other Administrative Action | $0 | |
| Other Administrative Action | $0 | |
| Funding Only Action | $5,000,000 | |
| Exercise an Option | $9,475,856 | |
| Other Administrative Action | $0 | |
| Other Administrative Action | $0 | |
| Exercise an Option | $15,707,318 | |
| Funding Only Action | $0 | |
| Other Administrative Action | $6,279,470 | |
| Other Administrative Action | $0 | |
| Other Administrative Action | $0 | |
| Other Administrative Action | $0 | |
| Exercise an Option | $23,313,621 | |
| Exercise an Option | $11,308,120 | |
| Modification | $20,736,514 | |
| Supplemental Agreement for work within scope | $0 |
Show all 31
About this award
The Office of the Assistant Secretary for Preparedness and Response awarded a definitive contract to Venatorx Pharmaceuticals Inc. for advanced research and development of medical countermeasures against chemical, biological, radiological, and nuclear threats, with a ceiling value of $146.9 million and an award date of July 17, 2019. The contract operates under cost-sharing pricing with no set-aside.
Place of performance is Downingtown, PA. The originating Broad Agency Announcement from the Biomedical Advanced Research and Development Authority solicited proposals for vaccines, therapeutics, diagnostics, and related countermeasures to advance candidates toward FDA approval or licensure. The ultimate completion date is September 30, 2025.
Government-invoiced labor through FY2024 reflects 14.6 FTEs across 30,302 contractor hours at a blended derived rate of $230.75 per hour, with 2 subcontractors handling approximately 20 percent of contractor hours. FY2024 represents a significant decline from FY2023's 11.0 FTEs and $691.82 hourly rate, consistent with a multi-year downward trend in both labor footprint and pricing across the contract's reported history. FY2021 and FY2022 generated $25.2 million and $18.4 million in invoiced amounts respectively; FY2023 rebounded to $15.8 million before declining to $7 million in FY2024.
Quick answers
Who was awarded contract 75A50119C00007?
75A50119C00007 was awarded to Venatorx Pharmaceuticals Inc. by Office of the Assistant Secretary for Preparedness and Response (Department of Health and Human Services) on July 17, 2019.
How much is contract 75A50119C00007 worth?
The government has obligated $106,573,640 on 75A50119C00007. Its current value, with exercised options, is $131,756,814. Its potential value, with all options, is $146,866,138.
Was contract 75A50119C00007 competed?
The extent of competition for 75A50119C00007 was full and open competition. The government received 1 offer.
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