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EquityEquity - Follow-ons and Rights issues

Bavarian Nordic to raise €387m to fund GSK vaccines purchase


Danish pharmaceuticals company Bavarian Nordic has announced an Nkr2.8bn (€378m) rights issue to fund its acquisition of GlaxoSmithKline’s commercial and manufacturing rights to Rabipur, a treatment for rabies, and Encepur, a vaccine against tick-borne encephalitis.

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