Bengaluru: AstraZeneca has acquired Omniose, an early-stage biotechnology firm developing vaccines ‌against serious bacterial infections, and folded the ‌business into its infectious diseases division, the target company said ​on Tuesday.

Financial terms of the deal were not disclosed

The acquisition follows a three-year exclusive research collaboration between the companies

The ‌deal brings the ⁠US-based company's proprietary platform - which engineers and assembles bacterial vaccine components ⁠in a single process - under AstraZeneca's umbrella, boosting the Anglo-Swedish drugmaker's vaccine efforts

"Omniose's bioconjugation platform ​represents a ​differentiated approach to ​engineering conjugate vaccines and ‌strengthens our ability to develop novel vaccines against serious bacterial infections," said Benjamin Moutier, AstraZeneca's senior vice president of infectious disease

Despite a diverse drug portfolio, AstraZeneca's on-market vaccine offerings ‌are limited, and its ​CEO is refocusing on growth, ​with over ​180 pipeline projects underpinning long-term ambitions

AstraZeneca discontinued its Covid-19 vaccine ​in 2024, ​but now offers Beyfortus for respiratory syncytial virus infections and FluMist for influenza

​It is ‌also exploring the development of cancer vaccines.

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Article Source : Reuters

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