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Nabi, Glaxo sign nicotine-addiction vaccine deal
Nabi Biopharmaceuticals (NABI.O) and a unit of GlaxoSmithKline Plc (GSK.L) signed a licensing agreement for Nabi’s experimental vaccine to treat nicotine addiction and the prevention of smoking relapse, the companies said, sending Nabi shares up 26 percent.
Nabi will get $40 million upfront and is eligible to get more than $500 million in option fees and [...]
Researchers Investigating Anti-Nicotine Vaccine
Experts estimated that 500,000 Americans die each year from health complications related to smoking. Researchers said nicotine addiction is one of the nation’s major health issues, and although many smokers try to quit, most don’t succeed.
“Seventy percent of these individuals that want to stop smoking relapse within a one-year period,” said Dr. Nora Volkow, director [...]

