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GSK to take 10% stake in Germany's CureVac for $163 mln

6 years 3 months ago
Britain's GSK said on Monday 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.

GSK To Make Equity Investment In CureVac - Quick Facts

6 years 3 months ago
(RTTNews) - GlaxoSmithKline plc (GSK, GSK.L) and CureVac have signed a strategic collaboration agreement for the research, development, manufacturing and commercialisation of up to five mRNA-based vaccines and monoclonal antibodies. GlaxoSmithKline noted that the new collaborati

Asian Markets Mostly Lower Amid Cautious Trades

6 years 3 months ago
(RTTNews) - Asian stock markets are mostly lower on Monday amid worries about the rising number of coronavirus cases around the world and on caution ahead of the release of major corporate earnings results this week.
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