Pharma BD Deal Intelligence

GlaxoSmithKline plc / Vir Biotechnology Inc.

2021 · Co-Development · $345M · Complete

Outcome grade pending — assessed 5 years post-close.

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The coverage arc

Apr 19, 2021 Endpoints News Neutral

GSK is paying Vir Biotechnology $345 million in upfront and expansion fees to broaden their existing COVID-19 collaboration to influenza and other respiratory…

Feb 09, 2022 GSK Q4 2021 Results Bullish

GSK reported 2021 sales of Xevudy (sotrovimab) of GBP 958 million (~$1.3 billion at constant currency). The product launched in May 2021 under FDA Emergency…

Nov 02, 2023 Vir Biotechnology Q3 2023 Earnings Bearish

Vir announced that the Phase 2 PENINSULA trial of VIR-2482 for the prevention of seasonal influenza A illness did not meet its primary or key secondary…

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GSK expanded its 2020 collaboration with Vir Biotechnology by paying $120M upfront plus $225M for new respiratory virus programs (~$345M total) to add influenza and other respiratory virus antibody programs alongside the ongoing sotrovimab COVID-19 program with 72.5/27.5 GSK/Vir profit share.

Key facts

Related deals — scored

DealYearValueOutcome
GlaxoSmithKline plc / Vir Biotechnology Inc. (this deal)2021$345M
GlaxoSmithKline plc / Theravance, Inc.2012$213M82
GlaxoSmithKline plc / Tesaro Inc.2018$5.1B79
GlaxoSmithKline plc / Pfizer Inc. (Consumer Healthcare Division)2018$12.7B76
GlaxoSmithKline plc / Novartis Consumer Healthcare JV2018$13.0B74
GlaxoSmithKline plc / ID Biomedical Corporation2005$1.4B64
GlaxoSmithKline plc / Vir Biotechnology Inc.2020$595M51

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