GSK collaborates with Germany’s CureVac, set to take 10% stake for $163 million

Date posted: Wednesday 22 July 2020

Britain’s GSK said it would invest 130 million pounds ($163 million) to buy a 10% stake in Germany’s CureVac, launching a collaboration to develop up to five mRNA-based vaccines with technology already being used by the biotech company to develop a COVID-19 vaccine. CureVac’s existing COVID-19 mRNA and rabies vaccines research programmes are not included in the deal, the companies said.

(Economic Times)