RSV Corp (RSVC) is the first company set up as part of Astellas' goal of building a global vaccine franchise in December 2013.
Astellas will fund RSVC's development of a virosome vaccine technology, licensed from Mymetics Corp (OTC BB: MYMX), for respiratory syncytial virus (RSV) through completion of a Phase IIb human proof-of-concept study.
Based on the strategic partnership, Astellas received exclusive rights to acquire RSVC as well as further develop and commercialize the vaccine product.
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