Lilly and CureVac sign cancer vaccine deal | October 30, 2017 Issue - Vol. 95 Issue 43 | Chemical & Engineering News
Volume 95 Issue 43 | p. 10 | Concentrates
Issue Date: October 30, 2017

Lilly and CureVac sign cancer vaccine deal

Department: Business
Keywords: Vaccines, oncology, cancer, mRNA, Eli Lilly, CureVac, mRNA vaccine

Eli Lilly & Co. has signed a deal potentially worth $1.8 billion with Tübingen, Germany-based CureVac to develop mRNA vaccines for cancer targets chosen by Lilly. In the vaccines, mRNA provides genetic instructions for making antigens, proteins that arouse and train the immune system to target cancer cells. CureVac will design, manufacture, and formulate the vaccines, and Lilly will run clinical development and commercialization. The deal includes a $50 million up-front payment and an equity investment worth about $53 million.

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