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AllPennyStocks.com News: GeoVax Awarded NIH Contract for Up to $7.8M to Manufacture HIV Vaccine

 

Mississauga, ON -- (SBWIRE) -- 08/03/2016 -- AllPennyStocks.com Media, Inc. (http://www.AllPennyStocks.com/) announces its latest article titled "GeoVax Awarded NIH Contract for up to $7.8M to Manufacture HIV Vaccine."

Companies mentioned in this article include GeoVax Labs Inc. (OTCQB:GOVX).

Article Excerpt:

According to a research note published by global consulting firm Boston Consulting Group (BCG), prevention programs for HIV/AIDS have been implemented in many countries and they have lowered the rate of new infections. However, BCG noted in its report that there is still an urgent need for stronger and more effective HIV prevention initiatives.

BCG further noted in its report that average global demand for a first-generation preventive HIV vaccine could range between 28 and 142 million courses over a 30-year period. The report added that demand could peak between 38 million and 152 million courses some seven to ten years after vaccine launch. According to BCG, the levels of demand could result in undercounted global sales revenue of $1.6 to $3.8 billion per year over a 30-year period.

The full version of this article can be found at:
http://www.allpennystocks.com/aps_us/special-reports/659/geovax-awarded-nih-contract-for-up-to-78m-to-manufacture-hiv-vaccine.htm

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