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Kamada Gets $25 Million Contract to Supply Kamrab, Varizig in Latin America; Shares Rise
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Kamada Gets $25 Million Contract to Supply Kamrab, Varizig in Latin America; Shares Rise
Jan 22, 2025 7:23 AM

10:01 AM EST, 01/22/2025 (MT Newswires) -- Kamada ( KMDA ) said Wednesday it was awarded a contract with an unnamed international organization to supply Kamrab and Varizig in Latin America for the 2025-2027 period.

Revenue under the three-year contract is expected to be about $25 million, the company said.

Kamrab is indicated for the prevention of rabies infection after contact with rabid or possibly rabid animals, while Varizig is a varicella drug for post-exposure prophylaxis in high-risk individuals, Kamada ( KMDA ) said.

The company's shares were rising past 5% in recent trading.

Price: 7.48, Change: +0.40, Percent Change: +5.64

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