other material
confidence high
sentiment positive
materiality 0.80
Vir Biotechnology awarded up to $1B BARDA contract for influenza and pandemic preparedness
Vir Biotechnology, Inc.
- BARDA to invest ~$55M initially for VIR-2482 (influenza prophylactic mAb) development through Jan 2026.
- Phase 2 trial of VIR-2482 expected to start H2 2022; initial data anticipated mid-2023.
- Potential total investment up to $1B if BARDA exercises up to 12 options for additional candidates.
- Contract supports development of up to 10 emerging infectious disease or medical countermeasure candidates.