Vivaldi Biosciences acquires clinical stage influenza vaccine assets

13 October 2013

Privately-held US biotech firm Vivaldi Biosciences has acquired from Baxter Healthcare, Swiss unit of Baxter International (NYSE:BAX), R&D assets, including intellectual property, clinical data, know-how and materials, for live attenuated influenza vaccines (LAIVs) in which the gene for influenza non-structural protein 1 (NS1) has been fully deleted.

These assets previously were owned by AVIR Green Hills Biotechnology (Vienna, Austria). Financial terms of the deal were not revealed.

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