Deal Watch: After Novartis Deal, GSK Increases Vaccine Emphasis With GlycoVaxyn Buyout

Sanofi moves into ROR gamma T R&D for potential autoimmune therapies in collaboration with Lead Pharma, while Intrexon acquires Belgium’s ActoGeniX and its platform technology for creating a novel class of biotherapeutics targeting the oral and GI tracts. Teva heads off dispute with Eagle, bringing in new bendamustine formulation.

GlaxoSmithKline PLC is promising to maintain the “agility and autonomy” of vaccine biotech GlycoVaxyn AG following the big pharma’s purchase of the Swiss company for $190 million in cash, announced Feb. 11. The move, which values GlycoVaxyn at $212 million, underlines the importance GSK attaches to conjugated vaccines and to the company’s research: GSK says it will take the next several months to develop ways of working with GlycoVaxyn to achieve an innovative collaboration ([A#14150211002]).

GSK took a small stake in GlycoVaxyn in 2012 when it agreed to collaborate on the development of several bacterial vaccines [See Deal]. The U.K. pharma now has snapped up the rest of GlycoVaxyn’s shares after the firm announced robust clinical responses with its first vaccine to enter clinical trials, a candidate for extra-intestinal pathogenic Escherichia coli (ExPEC) that is in Phase I studies with partner Janssen Pharmaceuticals Inc

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