GSK and Vir add further manufacturing capability for sotrovimab
UK drugmaker GlaxoSmithKline (LSE: GSK) and its US partner Vir Biotechnology (Nasdaq: VIR) have taken action to boost production of their antibody-based COVID-19 treatment sotrovimab faced with huge demand.
Last week, the US government agreed to buy 600,000 additional doses of the drug, which has been authorized for the early treatment of COVID-19 and has shown more promise against the Omicron variant in lab studies than rival therapies.
This brings the total number of doses secured to date through binding agreements to approximately 1.7 million globally and the US government has the option to buy further additional doses in the second quarter of 2022.
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