This is a firm fixed price fornew plga analytical methods for mini-size complex long-acting injectable formulations.

Active Definitive Contract Awarded Last action

Contract number
75F40123C00192
Awardee
Awarding agency
Obligated
$1,211,682

Award facts

Opportunity
Contract value 100% obligated
$1,211,682.00 Current and potential, with all options
Completion date 94% complete
Current and potential, with all options
Contracting staff
Set-aside
No set-aside
Competition
Full and Open Competition · 1 offer Two Step
Pricing
Firm Fixed Price
Place of performance
West Lafayette, IN, USA

Award details come from SAM.gov/FPDS.

Transactions

Action Obligated Date
Exercise an Option P00003 · New plga analytical methods for mini-size complex long-acting injectable formulations $283,778
Other Administrative Action P00002 · No cost modification to change the period of performance end date to december 31, 2025. $0
Exercise an Option P00001 $272,094
Original award $655,810

About this award

The Food and Drug Administration awarded a $1.21M firm-fixed-price definitive contract to Akina, Inc., a minority-owned research company based in West Lafayette, Indiana, for the development of new analytical methods for miniaturized poly(lactide-co-glycolide) (PLGA) complex long-acting injectable formulations. The contract, awarded on September 26, 2023, with an ultimate completion date of December 31, 2026, was issued under the FDA's Broad Agency Announcement solicitation that sought proposals to advance regulatory science and innovation across modernized product development and evaluation, strengthened post-market surveillance, and public health preparedness. No set-aside designation was used in this competitive procurement. The work will be performed in West Lafayette, Indiana, and supports the FDA's mission to evaluate and advance understanding of complex pharmaceutical formulations.

Akina, Inc. brings significant expertise in controlled-release drug delivery and biomedical applications, particularly in PLGA microparticle technology, having been founded in 2001 by Dr. Kinam Park near Purdue University. The company has demonstrated success in this technical domain through concurrent work with the National Institute on Drug Abuse to develop injectable buprenorphine formulations for treating opioid use disorder. This FDA contract builds on Akina's established capabilities to enhance the regulatory science toolkit available to the agency for evaluating innovative long-acting injectable products, supporting both pre-market product evaluation and post-market surveillance activities.

Quick answers

Who was awarded contract 75F40123C00192?

75F40123C00192 was awarded to Akina, Inc. by Food and Drug Administration (Department of Health and Human Services) on September 26, 2023.

How much is contract 75F40123C00192 worth?

The government has obligated $1,211,682 on 75F40123C00192.

Was contract 75F40123C00192 competed?

The extent of competition for 75F40123C00192 was full and open competition. The government received 1 offer.

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