$550 million for Phase III trial of pulmonary TB vaccine

29 June 2023
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A decades-long program to develop the first new vaccine for pulmonary tuberculosis in a century has received a half-billion dollar funding boost.

British drugmaker GSK (LSE: GSK) has been working on the jab, dubbed M72, since it picked up rights to the candidate through its  2005 purchase of American biotech Corixa.

While the vaccine has shown 54% effectiveness in a Phase II trial enrolling around 3,500 people in southern Africa, the company has until now not considered a larger study to be commercially viable.

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