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Pharma giant GSK to acquire Aiolos Bio in $1 billion deal

British pharmaceutical giant GSK said on Tuesday that it is buying respiratory drug maker Aiolos Bio in a $1 billion deal. Aiolos Bio is a clinical-stage biopharmaceutical company developing treatments for certain respiratory and inflammatory conditions. The deal includes $1 billion upfront payment and up to $400 million in milestone payments. The acquisition adds Aiolos' AIO-001, a long-acting anti-thymic stromal lymphopoietin (TSLP) monoclonal antibody, to GSK's respiratory pipeline. AIO-001 i

GSK Buys Asthma Drug Developer For Up To $1 4bn

GSK Buys Asthma Drug Developer For Up To $1 4bn
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