Sanofi's Strategic Move into Respiratory Vaccines
In a significant step to bolster its vaccine development capabilities, Sanofi announced on Tuesday its agreement to acquire UK-based Vicebio for up to $1.6 billion. This acquisition is set to enhance Sanofi's pipeline with Vicebio's innovative 'Molecular Clamp' technology and an early-stage combination vaccine candidate targeting respiratory syncytial virus (RSV) and human metapneumovirus (hMPV).
Financial Details and Expected Timeline
The deal includes an upfront payment of $1.15 billion, with potential additional payments of up to $450 million tied to regulatory and development milestones. Sanofi anticipates the transaction to be finalized in the fourth quarter, pending standard closing conditions and regulatory approvals.
This acquisition underscores Sanofi's commitment to addressing unmet medical needs in respiratory virus prevention.
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