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Monday, October 21, 2019

Glaxo to sell two travel vaccines to Danish biotech firm

GlaxoSmithKline Plc said on Monday it will sell two travel vaccines to Denmark-based biotechnology company Bavarian Nordic for an upfront payment of 301 million euros ($335.71 million).

The sale of anti-rabies treatment Rabipur and Encepur, used for the prevention of tick-borne encephalitis, by the British drugmaker includes milestone payments of up to 495 million euros.
https://www.marketscreener.com/BAVARIAN-NORDIC-A-S-1412846/news/GSK-to-sell-two-travel-vaccines-to-Danish-biotech-firm-29421835/

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