OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM
consent to the incorporation by reference in the Registration Statement of VBI Vaccines, Inc. and subsidiaries on Form S-8 (No.
333-212160) of our report dated March 20, 2017, on our audit of the consolidated financial statements as of December 31,
2016 and for the year then ended, which report is included in this Annual Report on Form 10-K to be filed on or about March 20,
2017. Our report includes an explanatory paragraph about the existence of substantial doubt concerning the Company’s ability
to continue as a going concern.