Billion dollar buy could open door to growing RSV market

12 December 2023

Continuing a busy period of dealmaking, pharma major AstraZeneca (LSE: AZN) has confirmed it will buy vaccine specialist Icosavax (Nasdaq: ICVX) for around $800 million.

In recent weeks, Britain’s largest drugmaker has announced a new AI-based collaboration, a cell therapy partnership in China, the launch of a digital health company and the acquisition of rights to a novel KRAS blocker.

The latest deal will see the company augment its newly-established vaccines experience with the integration of an American biotech focused on an innovative, protein virus-like particle (VLP) platform.

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