SK bioscience and Sanofi expand agreement for pneumococcal conjugate vaccines [Yahoo! Finance]
Sanofi - American Depositary Shares (SNY)
US:NYSE Investor Relations:
sanofi.com/en/investors
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Source: Yahoo! Finance
This partnership extension leverages their ongoing efforts with GBP410, a paediatric vaccine candidate entering Phase III trials. Under the new agreement, Sanofi will make an upfront payment of €50m ($52.1m) to SK bioscience, with additional potential milestones. Research and development expenses will be shared equally, whereas Sanofi will cover all commercialisation expenses. SK bioscience retains exclusive rights in Korea, with Sanofi handling other markets and paying royalties on international sales. Sanofi Vaccines executive vice-president Thomas Triomphe said: “Given the vast unmet public health needs in IPD, we're delighted to extend this collaboration and continue our pursuit of innovative work in PCV. Our collaboration leverages SK bioscience's capabilities and Sanofi's expertise in developing and bringing innovative vaccines to people worldwide with the collective aim of reducing the global impact of pneumococcal disease.” The extended partnership includes the deve
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News
- 1 Beaten-Down Stock That Could Soar by 50% in 2025, According to Wall Street [Yahoo! Finance]Yahoo! Finance
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- Sanofi's 21-Valent Pneumococcal Vaccine Enters Phase III [Yahoo! Finance]Yahoo! Finance
- Press Release: Sanofi initiates phase 3 program for PCV21 and expands collaboration with SK bioscience for next-generation pneumococcal conjugate vaccinesGlobeNewswire
SNY
Sec Filings
- 12/23/24 - Form 6-K
- 12/20/24 - Form 6-K
- 12/13/24 - Form 6-K
- SNY's page on the SEC website