GlaxoSmithKline (GB:GSK) has released an update.
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GSK has extended its collaboration with Chongqing Zhifei Biological Products to distribute its shingles vaccine, Shingrix, in China until 2034, while also exploring a new partnership on a respiratory syncytial virus vaccine. This strategic move could potentially generate £2.3 billion for GSK from Zhifei’s Shingrix purchases over the next six years. The collaboration aims to reach over 500 million people in China, enhancing vaccine availability in a rapidly growing market.
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