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CureVac strikes COVID-19 vaccine alliance deal with Bayer

Published 01/07/2021, 02:47 AM
Updated 01/07/2021, 02:50 AM
© Reuters. FILE PHOTO: Logo of Bayer AG at a plant of the German pharmaceutical and chemical maker in Wuppertal
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BERLIN (Reuters) - German biotech firm CureVac has agreed to an alliance with drugmaker Bayer (OTC:BAYRY) to get global support in seeking approval for its experimental COVID-19 vaccine and for distribution, the two companies said on Thursday.

"Bayer will contribute its expertise and established infrastructure in areas such as clinical operations, regulatory affairs, pharmacovigilance, medical information, supply chain performance as well as support in selected countries," they said.

© Reuters. FILE PHOTO: Logo of Bayer AG at a plant of the German pharmaceutical and chemical maker in Wuppertal

Financial terms were not disclosed.

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