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Benzinga
Benzinga
Technology
Shanthi Rexaline

What Is RSV, And Why Is Pfizer Paying Up To $525M For Treatment Candidates?

Pfizer NYSE Nasdaq

Pharma giant Pfizer, Inc. (NYSE:PFE), which has found huge success with its COVID franchise, is now looking to conquer another frontier. The company announced a deal Thursday to buy privately held biopharma ReViral, which has a portfolio of antiviral therapeutic candidates, for up to $525 million.

What's RSV: Respiratory syncytial virus, or RSV, is a common respiratory virus causing mild, cold-like symptoms, according to the Centers for Disease Control and Prevention.

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