Catherine Talavera
Wed, April 22, 2026 astatine 9:27 AM CDT 2 min read
Upon closing of the partnership, Vir Biotechnology said it received a $240 cardinal upfront outgo and a $75 cardinal equity concern astatine a terms of $10.36 per share. The institution volition besides person a near-term $20 cardinal milestone payment, volition divided U.S. profit/loss arsenic with Astellas (50/50), and is eligible to person up to an further $1.37 cardinal successful development, regulatory, and income milestones, on with tiered, double-digit royalties connected ex-U.S. nett sales. Under the presumption of Vir Biotechnology’s licensing statement with Sanofi, a information of definite collaboration proceeds volition beryllium shared with the latter.
Vir Biotechnology, Inc.(NASDAQ:VIR) is simply a clinical-stage biopharmaceutical institution focused connected powering the immune strategy to alteration lives by discovering and processing medicines for superior infectious diseases and cancer. Its objective signifier portfolio includes programs for chronic hepatitis delta and aggregate PRO-XTEN dual-masked T-cell engagers crossed validated targets successful coagulated tumor indications.
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