GSK to buy phase III-ready drug efimosfermin from Boston Pharmaceuticals for as much as $2B

1 month ago 3
GSK -Glaxosmithkline headquarters office building in Poznan.

Magdalena Wygralak

British pharmaceutical company GSK (NYSE:GSK) to acquire Boston Pharmaceuticals’ lead asset, efimosfermin alfa, for as much as $2 billion in cash.

Under the agreement, GSK will pay $1.2 billion upfront, with potential for additional success-based milestone payments totalling $800 million.

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