Expanded deal for Vaxiclase for developed world markets

25 June 2018

Genkyotex (Euronext Paris & Brussels: GKTX) saw its shares gain 4.29% to 1.70 euros this morning, having hit a high of 1.78 euros, after the French leader in NADPH oxidase (NOX) therapies announced an expanded deal.

The company has expanded the license agreement for its Vaxiclaseplatform with the Serum Institute of India (SII), the world's largest vaccine manufacturer,to include the developed world in their addressable markets. The initial agreement,signed in 2015,covered emerging pharmaceutical markets.

France-headquartered Genkyotex is the surviving company resulting from the 2016 merger with Genticel, which signed the original deal with SII.

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