First, we expect the sale of our travel health business to Bavarian Nordic to close as planned in the second quarter of this year. Upon closing, the deal will provide an upfront cash payment of approximately $270 million and a potential additional $110 million in sales and development-based milestones.

May 9, 2023 / CEO / receipt, needs a key / Bob Kramer, CEO | earnings call 2023-05-09 | transcript 89444fcb-fd56-4aab-b42e-92dd60dd460d | chars 4106-4409 | segment 4