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GSK completes divestment of certain vaccines to Bavarian Nordic

  1. MediCircle
  2. Corporate Updates
  3. January 02, 2020
▴ GSK Office
GSK completes divestment of vaccines

Consistent with the terms of the agreement first announced on October 21st 2019, GSK has received an upfront payment of EUR308 million (£263m), and in due course will receive further milestone payments for a total consideration of up to EUR955 million.

The decision to divest these brands supports GSK’s strategic intent to increase focus and reinvest in growth assets, innovation and a simplified supply chain in its vaccines business.

About Rabipur (Tradename Rabavert in US and Canada)
Rabipur is a well-established life-saving vaccine (rabies virus causes acute invariable fatal disease) with 30 years of market experience supported by extensive clinical and safety evidence and WHO pre-qualification. It is indicated both in persons bitten by suspect animals (PEP ) and non-immune subjects at risk of rabies (PrEP ).

About Encepur
Encepur is indicated for active immunization of high-risk populations against tick-borne encephalitis (TBE). It has unique dosing flexibility supported by proven efficacy and long-term persistence data.

Tags : #gsk #vaccines #divestment #medicircle

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Ultra-Processed, Ultra-Powerful: How Modern Food Hijacks Your MindApril 15, 2025
Is Your Health at Risk? The Secret Link Between a Common Parasite and Cervical CancerApril 15, 2025
The Face That Freezes Her Gaze: Why Women Can’t Ignore a Crying InfantApril 15, 2025
Can a Sound Wave Fix Nausea on the Go? A New Hope for Motion Sickness SufferersApril 15, 2025
Gut Instincts, Clear Minds: How Good Bacteria Are Quietly Healing Your MoodApril 15, 2025
When Your Sleep Betrays You: A Deep Dive Into the Nightmare LoopApril 15, 2025
More than 1000 St. George's University Students Secure US Residencies in 2025 MatchApril 15, 2025
Gender justice and health equity are inextricably linked but are programmes linked?April 15, 2025
Berberine Ursodeoxycholate (HTD1801) Consistently Demonstrates Comprehensive Benefits for Patients with Type 2 Diabetes Mellitus, Approaching NDAApril 15, 2025
78% of Indian Youth Embrace Responsibility for Their Healthcare, Burson Global Gen Z ReportApril 14, 2025