GSK & Daiichi Sankyo to Form Vax JV in Japan
The JV will supply globally recommended vaccines in Japan, including Human Papillomavirus (HPV) vaccine, Rotavirus, Seasonal flu, Mumps, Diphtheria Pertussis (DTP), and Measles Rubella (MR) vaccines.
GlaxoSmithKline and Daiichi Sankyo Co., Ltd. have announced to form a vaccines joint venture that will hold the development and commercial rights for already existing preventative vaccines from both companies. Completion of the transaction is expected in 3Q12, subject to regulatory approvals.
This collaboration will create the first and largest company dedicated solely to vaccines in Japan, according to Christophe Weber, president designate of GSK Vaccines.
The JV will supply globally recommended vaccines in Japan, including Human Papillomavirus (HPV) vaccine, Rotavirus, Seasonal flu, Mumps, Diphtheria Pertussis (DTP), and Measles Rubella (MR) vaccines. The business will expand as new vaccines in the JV are developed and approved.
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