Bavarian Nordic

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Bavarian Nordic A/S
OTC Markets: BVNRY
HeadquartersPhilip Heymans Alle 3 DK-2900 Hellerup, ,
Key people
ProductsImvanex, Imvamune, Jynneos, Rabipur/RabAvert, Encepur, Mvabea, ABNCoV2
RevenueIncrease 1.898 billion kr. (2021)
Total assetsIncrease 12.089 billion kr. (2021)
Total equityIncrease 7.375 billion kr. (2021)
Number of employees
Increase 759 (2021)
Footnotes / references

Bavarian Nordic A/S is a fully integrated biotechnology company focused on the development, manufacturing and commercialization of vaccines for infectious diseases and cancer immunotherapies. The company is headquartered in Hellerup, Denmark, with a manufacturing facility in Kvistgård, and an additional site in Hørsholm.[3] The company has a research and development facility in Martinsried, Germany, and offices in Zug, Switzerland, and Morrisville, North Carolina. The company uses viral vectors in its research and development.



MVA-BN is a proprietary technology developed by Bavarian Nordic. It is derived from the Modified vaccinia Ankara virus. MVA-BN is characterized by the inability to replicate in human cells,[7] contrary to other vaccinia-based vaccines, which may replicate in humans, thus potentially causing severe and life-threatening side effects. Developed as the non-replicating smallpox and monkeypox vaccine, MVA-BN is approved in Canada as Imvamune,[8] in the European Union, as Imvanex,[9] and the United States as Jynneos.[10][11][12] The vaccine was supplied for emergency use to the U.S. Strategic National Stockpile as well as other government stockpiles.

The vaccine is being deployed worldwide to combat the 2022 monkeypox outbreak, leading to concerns over vaccine nationalism and hoarding by countries with pre-existing contracts.[13]


A second poxvirus-based technology is employed in most of the company's cancer immunotherapies, and was in-licensed as part of a collaboration with the National Cancer Institute (NCI). Vaccinia-fowlpox-TRICOM is a sequential prime-boost therapy based on vaccinia and fowlpox in combination with three co-stimulatory molecules (TRICOM). The poxvirus-based immunotherapy can be modified to encode different tumor-associated antigens such as Prostate-specific antigen (PSA), Carcinoembryonic antigen (CEA) and/or Mucin 1 (MUC1), which are all tumor markers that are overexpressed in various cancers. This technology formed the basis of the company's lead oncology product candidates, Prostvac and CV-301.

Ebola vaccine development and production[edit]

The company has worked for several years with the NIAID[14] on the development of a filovirus vaccine for Ebola and Marburg hemorrhagic fever diseases. In October 2014, following a successful pre-clinical demonstration of the combination vaccine regimen of its multivalent MVA-BN Filovirus vaccine and Crucell/Janssen's AdVac technology based on adenoviral vectors, Bavarian Nordic joined efforts with Crucell Holland B.V., one of the Janssen Pharmaceuticals companies of Johnson & Johnson to develop and manufacture this vaccine regimen intended for emergency use to help contain the outbreak in West Africa.[15][16][17] In January 2015, the company had produced the first 400,000 doses of the vaccine and the first clinical trial of the vaccine regimen was initiated in the UK, with additional trials planned in the US and Africa.[18] It was approved for medical use in the European Union in July 2020.[19]

Acquisition of rabies- and TBE-vaccines from GSK[edit]

Following announcement of GlaxoSmithKline (GSK) on 21 October 2019, Bavarian Nordic acquired 2 vaccines from the traveler portfolio of GSK Vaccines: Rabipur(/Rabavert) and Encepur.[20][21]

Marketed products and pipeline[edit]

Bavarian Nordic's marketed products and pipeline, as of July 2020.[22][23]

Product Indication Phase Remark
Imvanex Smallpox, monkeypox and disease caused by vaccinia virus Approved EU 2013-07 Liquid-frozen.
Imvamune Smallpox Approved Canada 2013-11 Liquid-frozen.
Jynneos Smallpox and monkeypox Approved US 2019-09-24 Liquid-frozen.
MVA-BN (freeze-dried) Smallpox III Phase 3 clinical trials completed.
Rabipur/RabAvert (Pre-/post-exposure protection against) rabies Approved Acquisition completed 2019-12-31. Bavarian Nordic assumes full sales and marketing responsibility from start 2020; manufacturing transfer takes place 2020-25 - during this period Bavarian Nordic will purchase remaining inventory of vaccines from GSK at different levels in the supply chain.
Encepur European (Western) tick-borne encephalitis (TBE) virus Approved Acquisition completed 2019-12-31. Bavarian Nordic assumes full sales and marketing responsibility from start 2020; manufacturing transfer takes place 2020-25 - during this period Bavarian Nordic will purchase remaining inventory of vaccines from GSK at different levels in the supply chain.
Mvabea Ebola and Marburg virus Approved EU 2020-07-01 Licensed to Janssen. One dose of Janssen's primer Zabdeno® (Ad26.ZEBOV) followed 8 weeks later by a dose of Bavarian Nordic's booster Mvabea® (MVA-BN Filo) collectively constitutes Janssen's Ebola vaccine regimen.
MVA-BN RSV RSV II Ph2 results announced on August 8, 2018.[24] After discussing the design of the Ph3 study with the FDA, its initiation is planned for winter 2021–22. Initial data read-out in 2022 - if data are good Bavarian Nordic will expand second part of Ph3 study, which will start up winter 2022–23.
MVA-BN HPV Chronic HPV infection II Licensed to Janssen. Phase 1/2a study ongoing.
MVA-BN WEV Western equine encephalitis virus I Ph1 topline results announced June 8, 2020.[25] Bavarian Nordic is currently in the process of obtaining additional funding from the U.S. authorities for the further clinical advancement of the vaccine candidate.
BN-Brachyury Chordoma II Report initial ORR results from Ph2 study of BN-Brachyury in chordoma during 2020.
ABNCoV2 COVID-19 I/II In July 2020, Bavarian Nordic licensed a capsid virus like particle (cVLP) COVID-19 vaccine candidate from AdaptVac.

The vaccine candidate, ABNCoV2 has shown to be highly immunogenic in relevant pre-clinical models inducing durable responses equivalent to high convalescent sera from patients that have recovered from COVID-19. These responses have led to the demonstration of a durable and highly protective response from a COVID-19 challenge. Coupled with the ease of production and the ability to rapidly adapt the vaccine platform to new potentially more deadly variants, ABNCoV2 looks like a highly promising candidate.[26]

Initial Phase I/IIa results are expected in Q1 2021.[27]


Bavarian Nordic is a member of the Alliance for Biosecurity, a group of companies that work towards preventing and treating severe infectious diseases, especially those that present global security challenges.[28]

The company is a funding partner of the Bipartisan Commission on Biodefense,[29] and a former donor to the Bipartisan Policy Center.[30]


  1. ^
  2. ^ "OMX Copenhagen 25 (OMXC25CAP)" (PDF). Nasdaq OMX. Archived from the original (PDF) on 13 March 2022.
  3. ^ a b "Hellerup, Denmark". Bavarian Nordic. Archived from the original on March 13, 2022. Retrieved 6 December 2021.
  4. ^ "Board of Directors". BN. Retrieved 2020-07-15.
  5. ^ "Executive Management". BN. Retrieved 2020-07-15.
  6. ^ "Annual Report 2021" (PDF). Bavarian Nordic. Archived from the original (PDF) on March 13, 2022. Retrieved March 13, 2022.
  7. ^ Kennedy JS, Greenberg RN (9 January 2014). "IMVAMUNE: modified vaccinia Ankara strain as an attenuated smallpox vaccine". Expert Review of Vaccines. 8 (1): 13–24. doi:10.1586/14760584.8.1.13. PMID 19093767. S2CID 35854977.
  8. ^ "Products for Human Use. Submission #144762". Register of Innovative Drugs. Health Canada. 13 June 2014. 144762 (Submission Number). Archived from the original on 17 June 2014. Retrieved 2014-06-26.
  9. ^ "Imvanex". Human Medicines. European Medicines Agency. 27 May 2016. Retrieved 2016-06-12.
  10. ^ "Jynneos". U.S. Food and Drug Administration (FDA). 24 September 2019. STN 125678. Archived from the original on 17 October 2019. Retrieved 16 October 2019.Public Domain This article incorporates text from this source, which is in the public domain.
  11. ^ "Smallpox Vaccine Supply & Strength". National Institute of Allergy and Infectious Diseases (NIAID). 26 September 2019. Archived from the original on 17 October 2019. Retrieved 16 October 2019.
  12. ^ Greenberg RN, Hay CM, Stapleton JT, Marbury TC, Wagner E, Kreitmeir E, Röesch S, von Krempelhuber A, Young P, Nichols R, Meyer TP, Schmidt D, Weigl J, Virgin G, Arndtz-Wiedemann N, Chaplin P (2016). "A Randomized, Double-Blind, Placebo-Controlled Phase II Trial Investigating the Safety and Immunogenicity of Modified Vaccinia Ankara Smallpox Vaccine (MVA-BN) in 56-80-Year-Old Subjects". PLOS ONE. 11 (6): e0157335. Bibcode:2016PLoSO..1157335G. doi:10.1371/journal.pone.0157335. PMC 4915701. PMID 27327616.
  13. ^ Exclusive: Closure of World’s Only Manufacturing Plant for Monkeypox Vaccine Raises Questions About World’s Ability to Meet Rising Demand
  14. ^ "Infectious Diseases: Filovirus Vaccine". Bavarian Nordic. Archived from the original on 2014-10-30. Retrieved 2014-10-29.
  15. ^ "Bavarian Nordic Enters Licensing and Supply Agreement with Janssen on MVA-BN® Ebola Vaccine". Bavarian Nordic. 2014-10-22. Archived from the original on 2014-11-03. Retrieved 2014-10-29.
  16. ^ "BRIEF-Bavarian Nordic to expand collaboration with Janssen". reuters-brief. Reuters. 2014-10-23. Archived from the original on 2014-10-30. Retrieved 2014-10-29.
  17. ^ "Johnson & Johnson plans Ebola vaccine testing". AP News. 2014-10-22. Archived from the original on 2014-10-31. Retrieved 2014-10-29.
  18. ^ "J&J, Bavarian Nordic start clinical tests in Ebola vaccine race". Reuters. Reuters. 2015-01-06. Archived from the original on 2015-01-13. Retrieved 2015-01-12.
  19. ^ "Johnson & Johnson Announces European Commission Approval for Janssen's Preventive Ebola Vaccine". Reuters. Reuters. 2020-07-01. Retrieved 2020-07-16.
  20. ^ Smith, Anna (2019-10-21). "GSK to divest Rabipur, Encepur to Bavarian Nordic". PharmaTimes. Retrieved 2020-04-03.
  21. ^ "GSK agrees to divest rabies and tick-borne encephalitis vaccines to Bavarian Nordic | GSK". Retrieved 2020-04-03.
  22. ^ "Pipeline". Bavarian Nordic. 2020-02-20. Retrieved 2020-07-14.
  23. ^ "Annual Report 2019, Pipeline (p.30)" (PDF). Bavarian Nordic. Retrieved 2020-07-15.
  24. ^ "Bavarian Nordic Announces Positive Data from Phase 2 Extension Study of its Universal RSV Vaccine". Bavarian Nordic. 2018-08-08. Retrieved 2020-07-15.
  25. ^ "Bavarian Nordic Announces Topline Results from Phase 1 Clinical Trial of Equine Encephalitis Virus Vaccine". Bavarian Nordic. 2020-06-08. Retrieved 2020-07-15.
  26. ^ "Bavarian Nordic". Retrieved 2021-04-29.
  27. ^ "Approval and initiation of the COVID-19 clinical phase I/II study for the ABNCoV2 vaccine". News Powered by Cision. Retrieved 2021-04-29.
  28. ^ "Alliance Members". Alliance for Biosecurity. Retrieved 19 May 2022.
  29. ^ "Sponsors / Donors". Bipartisan Commission on Biodefense. Archived from the original on 2022-05-29. Retrieved 2022-06-20.
  30. ^ "2017 Annual Report" (PDF). Bipartisan Policy Center. 2017. Archived (PDF) from the original on 2022-07-07. Retrieved 2022-07-07.

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