Oct 26 (Reuters) - VBI Vaccines Inc VBIV.O :
* Scivac therapeutics enters into agreement to acquire VBI Vaccines
* Pursuant to agreement, a newly-formed wholly owned subsidiary of SciVac will
merge with and into VBI
* Says boards of directors of both companies have unanimously approved the
agreement, the merger and transactions contemplated by agreement
* Jeff Baxter, vbi's president and chief executive officer, will be the
president and chief executive officer of the combined co
* Source text for Eikon urn:newsml:reuters.com:*:nCCN7tbtMk
* Further company coverage VBIV.O