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A San Diego biotech sold its universal flu vaccine for $9 billion, a major leap in flu prevention.
A California biotech startup based in San Diego has sold its universal flu vaccine for $9 billion, marking a major breakthrough in infectious disease prevention.
The deal, finalized in late 2024, reflects growing confidence in the vaccine’s ability to protect against multiple flu strains, potentially eliminating the need for annual shots.
The company, which had previously raised modest funding, achieved rapid success after clinical trials showed strong, broad-spectrum immunity.
The acquisition by a global pharmaceutical giant underscores increasing investment in next-generation vaccines.
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Una biotecnología de San Diego vendió su vacuna universal contra la gripe por $9 mil millones, un gran salto en la prevención de la gripe.