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GSK and Zhifei expand partnership for shingles and RSV vaccines in China

Dec 06, 2024over 1 year ago

Contract Type

partnership

ChinaBiotechnology

Description

GSK has expanded its partnership with Chongqing Zhifei Biological Products in mainland China, allowing Zhifei to purchase volumes of GSK’s shingles vaccine Shingrix worth up to £2.3bn over the coming six years. In addition, Zhifei will collaborate with GSK on the commercialisation of a respiratory syncytial virus (RSV) vaccine over an initial period of 10 years.

Company Information

Company

GSK and Chongqing Zhifei Biological Products

Location

China

About

GSK is a British drugmaker with a focus on developing innovative vaccines and medicines. Chongqing Zhifei Biological Products is a Chinese biotechnology company with an extensive network of vaccination points across China.

Predictive Intelligence
Strategic

ML-powered predictions for GSK and Chongqing Zhifei Biological Products's next move

Learn about Strategic plan

Agreement Insights

Based on industry data
Strategic partnership established
Partnership agreements typically involve technology integration and joint go-to-market strategies
Contract momentum indicator
Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months

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