latest-news-headlines Market Intelligence /marketintelligence/en/news-insights/latest-news-headlines/vir-biotechnology-stock-jumps-after-coronavirus-collaboration-with-nih-57526541 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

Vir Biotechnology stock jumps after coronavirus collaboration with NIH

Gauging Supply Chain Risk In Volatile Times

S&P Global Market Intelligence

Cannabis: Hashing Out a Budding Industry


IFRS 9 Impairment How It Impacts Your Corporation And How We Can Help

The Market Intelligence Platform

Vir Biotechnology stock jumps after coronavirus collaboration with NIH

Vir Biotechnology Inc. is partnering with the U.S. National Institutes of Health to develop antibodies to counter the new coronavirus.

The agreement mirrors a similar collaboration Vir announced with WuXi Biologics (Cayman) Inc. to develop antibodies to counter the virus, which causes a respiratory disease known as COVID-19.

COVID-19 is caused by a member of the coronavirus family that is a close cousin to the SARS and MERS viruses that have caused outbreaks in the past. The disease is caused by a virus called 2019-nCoV. The abbreviation nCoV stands for novel coronavirus, and COVID is short for coronavirus disease.

San Francisco-based Vir Biotechnology has identified certain antibodies that bind to the novel coronavirus. These targetted antibodies were isolated from people who have survived a SARS infection.

Vir Biotechnology will now develop such antibodies in partnership with NIH's National Institute of Allergy and Infectious Diseases and Vaccine Research Center to treat COVID-19, SARS and MERS, as well as additional types of coronaviruses.

Vir Biotechnology's stock price was up 15.05% following the announcement to $34.41 per share as of 11:20 a.m. ET on March 11, 2020.