GC Biopharma Secures CMO Rights for Shingles Vaccine from Curevo Vaccine
YONGIN,
Under the terms of the agreement, GC Biopharma will be responsible for producing a portion of the commercial supply of amezosvatein for global markets.
The global shingles vaccine market is currently dominated by GSK's Shingrix. Since its launch in 2018, the market has grown at an average annual rate of approximately 20%, expanding from
Amezosvatein is an adjuvanted recombinant protein vaccine, similar in format to Shingrix, but uses a synthetic adjuvant designed to reduce local (injection-site pain) and systemic (influenza-like) reactions after vaccination to levels typical of conventional vaccines. The company believes this feature could position the product as a differentiated alternative with a superior tolerability profile.
In fact, amezosvatein demonstrated non- inferior immune system activity in early Phase 2 trials compared to the leading competitor and showed favorable tolerability results. Currently, Curevo Vaccine is conducting an expanded Phase 2 study in 640 adults aged 50 and older. The company aims to complete this trial by 2026 and move directly into Phase 3, paving the way for global commercialization.
The company expects that the addition of amezosvatein to the shingles vaccine landscape will offer patients and healthcare providers a valuable alternative, expanding choice in a market currently dominated by a single product.
"This agreement marks a critical milestone in securing long-term growth drivers for GC Biopharma," said
[1] Source: GSK Q4 2024 Earnings Announcement
About GC Biopharma
GC Biopharma (formerly known as Green Cross Corporation) is a biopharmaceutical company headquartered in Yong-in,
This press release may contain biopharmaceuticals in forward-looking statements, which express the current beliefs and expectations of GC Biopharma's management. Such statements do not represent any guarantee by GC Biopharma or its management of future performance and involve known and unknown risks, uncertainties, and other factors. GC Biopharma undertakes no obligation to update or revise any forward-looking statement contained in this press release or any other forward-looking statements it may make, except as required by law or stock exchange rule.
GC Biopharma Contacts (Media)
[email protected]
[email protected]
Yoonjae Na
[email protected]
View original content to download multimedia:https://www.prnewswire.com/news-releases/gc-biopharma-secures-cmo-rights-for-shingles-vaccine-from-curevo-vaccine-302581671.html
SOURCE GC Biopharma
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- BofA raises AMD target to $720, sees server CPU TAM tripling to $211B by 2030
- Glen Elgin Investments Targets Major New AI Opportunity Following Success in Previous High-Profile Technology Transactions
- 4 Next XRP Cryptos as Remittix Leads the Search for the Next Major Cross-Border Payments Token
Create E-mail Alert Related Categories
PRNewswire, Press ReleasesRelated Entities
EarningsSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!



Tweet
Share