BARDA to back Takeda's Zika vaccine with up to $312 million

2 September 2016

The US government is to back Japanese pharma major Takeda (TSE: 4502) in its bid to develop a vaccine against the Zika virus by providing funding of up to $312 million, it has been announced.

The Biomedical Advanced Research and Development Authority (BARDA) has selected Takeda’s Global Vaccine Business Unit to develop a vaccine to support the Zika response in the USA and affected regions around the world.

Initial funding from BARDA, which is a division of the Office of the Assistant Secretary for Preparedness and Response (ASPR) within the US Department of Health and Human Services, is for $19.8 million to cover the vaccine development through Phase I.

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