GSK Expands Vaccine Collaboration With Zhifei in China
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GSK has extended its licensing agreement with Zhifei to market its shingles vaccine in China for an additional eight years, until 2034.
December 05, 2024 | 6:00 pm
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POSITIVE IMPACT
GSK has extended its licensing agreement with Zhifei to market its shingles vaccine in China for an additional eight years, until 2034. This move strengthens GSK's presence in the Chinese market and could lead to increased revenues from vaccine sales.
The extension of the licensing agreement with Zhifei allows GSK to continue marketing its shingles vaccine in China, a significant market. This could lead to increased sales and revenue, positively impacting GSK's stock price in the short term.
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