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TSLP approach draws GSK to Aiolos buyout: $1B up front

GSK plc is plunking down $1 billion cash to take over Aiolos Bio Inc., with the promise of as much as $400 million in regulatory milestone payments along with tiered royalties. The deal gives London-based GSK asthma candidate AIO-001, a phase II-ready, long-acting antibody that binds to the human thymic stromal lymphopoietin (TSLP) ligand to inhibit TSLP signaling and relieve inflammation. GSK said AIO-001 could redefine the standard of care in asthma via the prospect of dosing every six months.

GSK to Buy Asthma Drug Developer Aiolos for Up to $1 4 Billion

GSK Plc agreed to buy the closely held US biotech Aiolos Bio Inc., spending as much as $1.4 billion to gain a promising respiratory medicine.

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