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AstraZeneca acquires St. Louis vaccine biotech Omniose
Omniose said Tuesday it has become a wholly owned AstraZeneca subsidiary after a three-year exclusive research collaboration, bringing its bacterial-vaccine bioconjugation platform into the drugmaker's infectious-disease unit.
- Business Wire is now reporting this
- New headline Was: “AstraZeneca bolsters vaccine pipeline with US-biotech Omniose acquisition”
- Our desk filed its story
Omniose, a preclinical biotechnology company based in St. Louis, said Tuesday that AstraZeneca has acquired it and that it is now a wholly owned subsidiary inside the drugmaker's infectious-disease unit2. Reuters also reported the deal Tuesday1.
The companies said the purchase follows a three-year exclusive research collaboration2. Omniose's release did not disclose financial terms2.
Omniose develops polysaccharide conjugate vaccines aimed at serious bacterial infections2. Its platform is designed so a single cell produces a polysaccharide antigen, an engineered carrier protein and a conjugating enzyme that links them, a process the company says is simpler than conventional chemical conjugation2.
Benjamin Moutier, AstraZeneca's senior vice president for infectious disease, said the platform "strengthens our ability to develop novel vaccines against serious bacterial infections"2. Timothy Cooke, Omniose's chief executive, said the companies share a focus on bacterial infections complicated by antimicrobial resistance2.
Christian Harding, Omniose's chief scientific officer and co-founder, said the acquisition gives the platform a chance to reach patients it was built to serve2. What programs will advance first, and on what timeline, was not specified in the company release2.
Not medical advice.
Sources
How it’s being reported
2 sourcesAstraZeneca bolsters vaccine pipeline with US-biotech Omniose acquisition
Gives this outlet’s account of the story.
Omniose Announces Its Acquisition by AstraZeneca
The bioconjugation platform and statements from Omniose and AstraZeneca executives.
Omniose's company release says it is now a wholly owned AstraZeneca subsidiary in the infectious-disease unit after a three-year exclusive collaboration; terms were not stated.
Leaves out Financial terms and AstraZeneca's marketed vaccine lineup.