GlaxoSmithKline CEO calls coronavirus vaccine partnership with Sanofi 'unprecedented collaboration' [CNBC]
Sanofi - American Depositary Shares (SNY)
US:NYSE Investor Relations:
sanofi.com/en/investors
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Source: CNBC
GlaxoSmithKlineSanofiThe European pharmaceutical giants are combining their resources to develop a Covid-19 vaccine and aim to produce a batch within the next 20 months."If we're successful ... we're hoping to get to hundreds of millions of doses by the end of next year," she said in an interview set to air on "Mad Money GSK is a British company, and Sanofi is based in France.The two companies are "leaders who are both bringing proven pandemic technologies and scale to develop, hopefully, an adjutant vaccine against Covid-19," Walmsley said.Vaccine development typically takes 10 years to be finalized for mass use, but scores of companies are rushing to have one ready in 12 to 18 months.Dozens of candidate vaccines are now underwayAs part of the deal, which is expected to be hashed out in full within weeks, Sanofi will supply its Covid-19 antigen, a genetic match to proteins in the fast-spreading virus, and GSK will supply its pandemic adjutant technology, which could enhance the immun
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