$37.5 million investment in Austrian vaccines developer Themis Bioscience
A new partnership between Austrian biotech Themis Bioscience and Oslo-based CEPI – the Coalition for Epidemic Preparedness Innovations – will see an investment of up to $37.5 million going into vaccine development and manufacturing for Lassa fever and MERS.
Since its foundation, CEPI has secured almost half a billion dollars from the governments of Norway, Japan and Germany, the Wellcome Trust and the Bill and Melinda Gates Foundation.
The deal, which will fund Themis’ development projects for five years, represents the first company agreement that CEPI has signed since it was established in 2017 to finance new vaccines to prevent and contain infectious disease epidemics.
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