Name | Value |
---|---|
Revenues | 21.8M |
Cost of Revenue | 6.0M |
Gross Profit | 15.8M |
Operating Expense | 166.3M |
Operating I/L | -150.5M |
Other Income/Expense | -1.1M |
Interest Income | 16.2M |
Pretax | -151.6M |
Income Tax Expense | -50.0M |
Net Income/Loss | -101.6M |
Vir Biotechnology, Inc. is a commercial-stage immunology company specializing in the development of therapeutic products for serious infectious diseases. Their product portfolio includes Sotrovimab (VIR-7832) for treating and preventing COVID-19, VIR-2218 and VIR-3434 for hepatitis B, VIR-2482 for influenza A, and VIR-1111 for HIV prevention. The company generates revenue through the sale of these therapeutic products, as well as through grant agreements with organizations like the Bill & Melinda Gates Foundation and the National Institutes of Health, collaboration and license agreements with pharmaceutical companies, and manufacturing agreements with partners like Samsung Biologics Co., Ltd.