Buoyed by soaring revenues from its monkeypox vaccine, Bavarian Nordic A/S is using some of its cash pile to buy a portfolio of travel vaccines from US firm Emergent BioSolutions, Inc. in a deal worth up to $380m.
Bavarian Nordic Thinks Big With Emergent Travel Vaccines Buy
Paying $270m Upfront
With the money coming in from monkeypox product Jynneos, the Danish firm has decided to pursue its goal of becoming one of the largest pure-play vaccine companies by acquiring jabs for cholera and typhoid from Emergent.
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