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Drug Names(s): PGCvax
Description: PGCvax is a chimeric protein subunit vaccine based on two novel proteins fused in-frame, BVH-3 and BVH-11, found on the cell surface of pneumococci. These two proteins are found in strains from all 90 known pneumococcal serotypes, and the immune response to these proteins has been shown to be protective in preclinical models.
Deal Structure: GlaxoSmithKline acquired PGCvax through its acquisition of ID Biomedical. In September 2005, GlaxoSmithKline and ID Biomedical Corporation announced a definitive agreement for GSK to acquire ID Biomedical. In December 2005, ID Biomedical announced that the acquisition by GlaxoSmithKline closed and ID Biomedical is now a wholly-owned subsidiary of GSK.
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