GSK, Arecor enter license agreement to develop advanced formulations of vaccines

Arecor and GSK have entered into a license agreement to develop advanced formulations of vaccines combining Arecor's unique formulation technologies with GSK's proprietary vaccines.  GSK and Arecor have collaborated to develop new approaches which could offer significant improvements to the administration of several vaccines in development.  In return for the license to their technology, Arecor will receive payments on relevant development milestones and royalties on sales.

Tom Saylor, CEO of Arecor, stated, "Arecor is pleased to work closely with one of the global leaders in vaccine products and technology.  The relationship with GSK offers Arecor the potential to apply its broad-ranging expertise in biomolecule stabilisation to specific projects with GSK."