Pharma BD Deal Intelligence

GSK plc / CureVac N.V.

2024 · Licensing/Option · $1.6B · Complete

Outcome grade pending — assessed 5 years post-close.

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The coverage arc

Jul 03, 2024 BioPharma Dive Neutral

GSK has taken full control of the mRNA vaccine programs it had been jointly developing with CureVac, paying €400 million upfront and potentially up to…

Jul 03, 2024 STAT News Neutral

GSK is taking full control of its mRNA vaccine partnership with CureVac, restructuring a 2020 collaboration into a licensing deal worth up to €1.45 billion.…

Dec 18, 2025 investors.biontech.de Neutral

BioNTech closed acquisition of CureVac N.V. on 18 Dec 2025 (~86.75% / 195,341,219 shares tendered); compulsory acquisition of remaining shares expected Jan…

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GSK and CureVac restructured their existing 2020 mRNA collaboration into a new licensing agreement. CureVac receives €400M (~$434M) upfront and up to €1.05B in development, regulatory and sales milestones plus tiered royalties. GSK gains full global rights to develop, manufacture and commercialize mRNA vaccines for seasonal flu, COVID-19, and avian flu currently in Phase 1/2 development.

Key facts

Related deals — scored

DealYearValueOutcome
GSK plc / CureVac N.V. (this deal)2024$1.6B
GSK plc / SmithKline Beecham2000$12.0B79
GSK plc / Pfizer Inc.2018$0.0M77
GSK plc / Novartis AG2014$16.0B76
GSK plc / Hansoh Pharmaceutical Group Co. Ltd.2023$1.7B74
GSK plc / Nuvalent, Inc.2026$10.6B70
GSK plc / Sierra Oncology Inc.2022$1.9B70

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