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0 0 0.0489335006273526 0.00376411543287319 -0.0112923462986198 0.00125470514429106 0.00376411543287319 0.0238393977415307
Stock impact report

Vir Biotechnology Announces Closing of Exclusive Worldwide License Agreement With Sanofi for Multiple Potential Best-in-Class Clinical-Stage T-Cell Engagers

Vir Biotechnology, Inc. (VIR) 
Company Research Source: Business Wire
– License of proprietary masking platform further strengthens Vir’s drug discovery capabilities in oncology and infectious disease –– Strategic agreement expands Vir portfolio with three clinical stage assets in areas of high unmet need – SAN FRANCISCO--(BUSINESS WIRE)--Vir Biotechnology, Inc. (Nasdaq: VIR) today announced that the exclusive worldwide license agreement with Sanofi announced on August 1, 2024, has closed following expiration of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976. The agreement provides Vir with an exclusive worldwide license to three clinical-stage masked T-cell engagers (TCEs) with potential applications in a range of cancers and exclusive use of the proprietary PRO-XTENTM masking platform for oncology and infectious disease. Key employees from Sanofi with extensive scientific and development expertise in TCEs, and in-depth experience using the PRO-XTEN platform, will join Vir. Further information about the TCEs and th Show less Read more
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