Vir Grows with $500M in Financing, Humabs Acquisition, Two Up-to-$1B Collaborations

Less than a year after its launch, Vir Biotechnology today disclosed it has secured more than $500 million in financing toward an acquisition and a series of collaborations launched with two companies—each of which could generate over $1 billion—and four top-tier academic research institutions.The collaborations, acquisition, and financing are aimed at building the company’s pipeline, technology, and global footprint, all with the goal of developing treatments for infectious di