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Sanofi buys UK biotech Vicebio for up to $1.6 billion to advance respiratory virus vaccines.
Sanofi, a French pharmaceutical company, has agreed to acquire UK biotech firm Vicebio for $1.15 billion, with potential milestone payments up to $450 million.
The acquisition aims to expand Sanofi's respiratory vaccines, including a candidate for respiratory syncytial virus and human metapneumovirus.
Vicebio's 'Molecular Clamp' technology will help in faster vaccine development and easier storage at standard refrigeration temperatures.
The deal is expected to close by the end of the year and won't significantly impact Sanofi's 2025 financial guidance.
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Sanofi compra la biotecnología británica Vicebio por hasta $ 1.6 mil millones para avanzar en las vacunas contra los virus respiratorios.