Evaxion Biotech and Merck Collaborate on Vaccine Development
Evaxion Biotech and Merck Collaboration
Evaxion Biotech has announced an expansion in its partnership with Merck. This notable collaboration focuses on the development of preclinical vaccine candidates aimed at addressing various health challenges.
- Financial Details: The agreement includes an upfront payment of $3.2 million.
- Potential Earnings: The collaboration holds the promise of potential earnings up to $592 million.
Implications for Health Care
This partnership highlights significant progress in the biotech industry, showcasing both companies' commitment to advancing healthcare solutions through innovative research.
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