Early signs are positive for CureVac and GSK's mRNA collaboration
mRNA specialist CureVac (Nasdaq: CVAC) has reported positive data from key Phase I programs in COVID-19 and seasonal flu.
The German company is working with British pharma major GSK (LSE: GSK) on the vaccine programs, under the terms of a collaboration that was agreed in 2020.
GSK took a 10% stake in the company at that time, at a cost of $163 million, in addition to making a significant upfront payment and committing to substantial milestone payments.
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