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Evaxion signs option and license agreement with MSD for vaccine candidate EVX-B3.

Sep 25, 20259 months ago

Contract Type

agreement

CopenhagenBiotechnologyHealth CareArtificial Intelligenceresearch

Description

Evaxion A/S has out-licensed its vaccine candidate EVX-B3 to MSD under an agreement that secures an initial payment of $7.5 million. The partnership will allow MSD to manage all further development costs and also entitles Evaxion to future milestone payments and royalties.

Company Information

Company

Evaxion A/S

Location

5f Doktor Neergaards Vej

Copenhagen, Capital Region Of Denmark, Denmark

About

Evaxion A/S is a clinical-stage TechBio company based in Copenhagen, Denmark. It specializes in developing AI-Immunology™ powered vaccines. The company focuses on addressing serious global medical issues through innovative vaccine candidates. Evaxion aims to harness the power of artificial intelligence to uncover novel vaccine targets.

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