Bavarian Nordic sells its Priority Review Voucher for $160M
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jun 18 2025
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Should l Buy ?
Source: SeekingAlpha
Bavarian Nordic's PRV Sale: Bavarian Nordic is selling its Priority Review Voucher for $160 million, which was awarded after the FDA approved its chikungunya vaccine, VIMKUNYA. The National Institutes of Health will receive 20% of the sale proceeds.
Financial Impact and Review: The sale will be recorded as other operating income, positively affecting EBITDA, while the transaction is subject to an antitrust review expected in Q3 2025.
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About the author

Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.




