Pharmaceutical Report

Wednesday, December 20, 2006

Glaxo in $2.1 billion deal to develop Genmab drug

Glaxo in $2.1 billion deal to develop Genmab drug

By Malin Rising

The Wall Street Journal Europe

20 Dec 2006



COPENHAGEN — GlaxoSmithKline PLC agreed to help develop and sell an experimental blood-cancer drug from Genmab A/S, in a deal valued at as much as $2.1 billion that will strengthen Glaxo’s oncology portfolio. U.K.-based Glaxo will buy a stake of just... read more...

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