GSK Grants LimmaTech Biologics License To Develop And Commercialize Shigella Vaccine
Portfolio Pulse from Benzinga Newsdesk
GSK has granted LimmaTech Biologics a license to develop and commercialize a vaccine for Shigellosis, a serious diarrheal infection and global health threat. This could potentially increase GSK's revenues if the vaccine is successful.
July 20, 2023 | 9:03 am
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GSK's decision to license LimmaTech Biologics for the development and commercialization of a Shigella vaccine could potentially increase its revenues if the vaccine is successful.
GSK's licensing of LimmaTech Biologics to develop and commercialize a Shigella vaccine could potentially increase its revenues if the vaccine is successful. This is because GSK would likely receive royalties or other forms of payment from LimmaTech for the use of its license. However, the impact on GSK's stock price would depend on the success of the vaccine and the terms of the licensing agreement.
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