Bavarian Nordic buys travel vaccine brands from GSK
GlaxoSmithKline (LSE: GSK) will divest its travel vaccine brands, acquired from Novartis in 2015 as part of the acquisition of its vaccines business, to Denmark’s Bavarian Nordic (OTC: BVNRY).
GSK said the decision would support its strategic intent to increase focus and reinvest in growth assets, innovation and a simplified supply chain in its vaccines business.
The brands being sold are Rabipur, also known as Rabavert, for the prevention of rabies, and Encepur, for the prevention of tick-borne encephalitis.
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