Next-Gen Pneumococcal Vaccine Race Continues With Merck’s V114 Data
Merck’s V114 protected against all 15 targeted serotypes in the first two of 16 Phase III studies, but market leader Pfizer’s 20-valent Prevnar 13 successor is on track for a US FDA filing in late 2020.
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The big drug maker will pay as much as $52 million to tap protein expression technology used to make proteins for developing a vaccine candidate.
Public Company Edition: It took 256 days for 2021 to surpass the 2020 record of 86 biopharma initial public offerings in the US in one year. Also, Procaps raised $115m ahead of its SPAC merger and aTyr and bluebird raised $75m each.