Pharma Deals Review, Vol 2008, No 101 (2008)

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GSK Acquires Genelabs to Boost its HCV Pipeline

Helen Scrutton

Abstract


GlaxoSmithKline (GSK) is to acquire Genelabs Technologies for US$57 M in a deal which will boost GSK’s hepatitis C virus (HCV) pipeline. With growing patient numbers and poor treatment options, there is a high unmet need for new HCV therapies - and therefore huge rewards to be made from developing a successful new treatment.

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