The global health body endorses GSK's malaria vaccine for children, the first against the mosquito-borne disease that kills more than 400,000 a year.
The antibody therapy reduced the 28-day mortality of Covid-19 patients whose immune system did not mount an antibody response, shortened the hospital stay and reduced their chances of needing a ventilator.
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GSK said it would have a 68-percent controlling equity interest in the joint venture that will have combined sales of about $13 billion.
British drugmaker GlaxoSmithKline developed the injectable vaccine to protect children from the most deadly form of malaria in Africa.
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