ExpreS2ion Biotech: Signs Letter of Intent with WuXi Vaccines
The company has today announced a Letter of Intent (LOI) with WuXi Vaccines, a subsidiary of WuXi Biologics – a leading vaccine Contract Development and Manufacturing Organization (CDMO) – regarding the ExpreS2™ technology platform. The evaluation will be conducted as part of a client project at WuXi and aims to determine whether the platform is suitable for the production of vaccines and other biologics. If the outcome is positive, it may lead to strategic collaboration discussions, potentially resulting in an agreement involving licensing, co-development, co-marketing, or other forms of strategic partnership.
No financial details were disclosed in today’s press release. However, CEO Bent Frandsen commented:
“We are exploring ways to expand the use of ExpreS2™, our recombinant protein production system, to a broader customer base in the vaccine industry. We value our association with WuXi Vaccines, a respected brand in this field, and hope our platform can benefit their clients, thereby supporting ExpreS2ion in promoting our technology.”
The ExpreS2™ platform is included in our valuation model for ExpreS2ion Biotech.
Read the full press release here: LOI with WuXi vaccines
Disclaimer: HC Andersen Capital receives payment from Expre2sion Biotech for a DigitalIR/Corporate Visibility agreement /Claus Thestrup, 15.04.2025, kl. 2:30 PM
ExpreS2ion Biotech Holding
ExpreS2ion er en biotekvirksomhed med base i Danmark, men børsnoteret i Sverige. Virksomheden udvikler en portefølje af vacciner mod sygdomme som COVID-19, influenza og brystkræft gennem brugen af dets cellebaserede ekspressionssystem, ExpreS2, som er anerkendt for at håndtere protein udfordringer. ExpreS2ion har udviklet Expres2, som er en teknologiplatform til effektiv og hurtig ikke-klinisk udvikling og produktion af komplekse proteiner til nye vacciner og diagnostik. På nuværende tidspunkt er selskabets primære produkt corona-vaccinekandidaten, ABNCoV2 som er i fase 2, udviklet sammen med sin partner, AdaptVac, hvoraf ExpreS2ion ejer 34%. Vaccinekandidatens licensret tilhører Bavarian Nordic som har globale kommercialiseringsrettigheder og ansvar for yderligere klinisk udvikling af vaccinen.
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