Emergent BioSolutions buying rights to smallpox vaccine
US biotech firm Emergent BioSolutions (NYSE: EBS) has entered into an agreement to acquire the ACAM2000 (Smallpox [Vaccinia] Vaccine, Live) business of French pharma major Sanofi (Euronext: SAN).
The all-cash transaction, with a total value of up to $125 million, consists of $97.5 million upfront and up to $27.5 million in near-term contingent regulatory and manufacturing-related milestones.
On the closing of this deal, Emergent will acquire:
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