GSK pulls out of covid collaboration with Vir Biotechnology

14 February 2023

UK pharma major GSK (LSE: GSK) is discontinuing its collaboration with Vir Biotechnology (Nasdaq: VIR) on vaccines against COVID-19, with Vir continuing to discover, develop and advance next-generation solutions for COVID-19 and other potential coronavirus outbreaks, independently or with other partners.

However, the companies will continue working to ensure ongoing access to sotrovimab for patients around the world, where authorized, and to develop new therapies for influenza and other respiratory diseases.

Market reaction to the news was mild, with Vir’s shares dipping just 1.6% to $26.60.

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