GSK and Vir win $1B US govt contract for sotrovimab COVID-19 therapy
UK pharma major GlaxoSmithKline (LSE: GSK) and US partner Vir Biotechnology (Nasdaq: VIR) announced US government contracts totaling around $1 billion to purchase sotrovimab, an investigational monoclonal antibody for the early treatment of COVID-19.
GSK will supply these doses to the US government by December 17, 2021, enabling further expanded nationwide access to sotrovimab for patients. The US Food and Drug Administration granted Emergency Use Authorization (EUA) for sotrovimab in May 2021.
In addition to the doses that will be supplied this year, the US government will have the option to purchase additional doses through March 2022.
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