GeoVax Expands Rights Under NIH COVID-19 License To Include Mpox And Smallpox; Financial Terms Of The License Agreement Were Not Disclosed
Portfolio Pulse from Benzinga Newsdesk
GeoVax Labs, Inc. has expanded its License Agreement with the NIH to include Mpox and smallpox in its vaccine development program. The agreement allows the use of U.S. HHS materials and patents in combination with GeoVax's technology to create vaccines for COVID-19, Mpox, and smallpox. Financial details of the agreement were not revealed.
December 19, 2023 | 2:05 pm
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GeoVax expands its NIH license to cover Mpox and smallpox, enhancing its vaccine development capabilities with U.S. HHS patents and technology.
The expansion of GeoVax's license agreement with the NIH to include additional diseases like Mpox and smallpox is likely to be viewed positively by investors. It enhances the company's vaccine portfolio and potential market opportunities. Although financial terms were not disclosed, the news indicates progress in GeoVax's development efforts and could lead to increased investor confidence in the short term.
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