Vir trims pipeline and workforce

2 August 2024

Change in on the way at California’s Vir Biotechnology (Nasdaq: VIR).

The company has provided a corporate update alongside its latest financial results, revealing a series of announcements.

Vir has revealed that it has signed an exclusive worldwide license agreement with Sanofi (Euronext: SAN) for multiple potential best-in-class clinical-stage T-cell engagers and exclusive use of the protease-cleavable masking platform, acquired by the French pharma major from Amunix Pharmaceuticals.

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