China-based Brii Biosciences (HKG: 2137) says that it has entered into license agreements with US firm VBI Vaccines (Nasdaq: VBIV), expanding the companies’ collaboration in the hepatitis B virus (HBV) field.
The newly formed license agreements with VBI signify a substantial expansion in the fight against HBV infection. In the first agreement, Brii Bio’s exclusive license for BRII-179 (VBI-2601) is extended to worldwide markets, further establishing its leadership position in pursuing HBV functional cure. A growing body of evidence supports the importance of a strong HBV-specific immune response to achieve a durable HBV functional cure, highlighting a potentially important role for BRII-179 as part of a combination cure strategy.
Additionally, Brii Bio will acquire exclusive rights to develop and commercialize VBI’s hepatitis B vaccine PreHevbri in Greater China and Asia Pacific countries including Australia, Indonesia, Malaysia, New Zealand, Philippines, Singapore, South Korea, Thailand and Vietnam, among others.
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