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GSK completes acquisition of Aiolos Bio for up to $1.4 billion

GSK said on Thursday it had completed the acquisition of Aiolos Bio, a clinical-stage biopharmaceutical company focused on respiratory and inflammatory conditions. GSK will pay $1 billion upfront and up to $400 million in success-based milestone payments. "In addition, GSK will also be responsible for success-based milestone payments as well as tiered royalties owed to Jiangsu Hengrui Pharmaceuticals Co, Ltd," the group said. ....

City Of , United Kingdom , Aiolos Bio , Pablo Mayo Cerqueiro , Jason Neely , Jiangsu Hengrui Pharmaceuticals Co Ltd , Inflammatory Conditions , Iopharmaceutical Company , Milestone Payments , Pablo Mayo Cerqueiro ,

GSK: has completed the acquisition of Aiolos Bio -February 15, 2024 at 06:19 am EST

GSK announced today that it has completed the acquisition of Aiolos Bio, a clinical-stage biopharmaceutical company focused on addressing the unmet therapeutic needs of patients with respiratory and. ....

Tony Wood , Aiolos Bio , Scientific Officer ,

British stocks rise on recession-induced rate cut hopes

London s stock market saw gains this morning, with the FTSE 100 index rising by 0.5%, after new data showed the UK economy had entered a recession in the second half of 2023.
-February 15, 2024 at 04:15 am EST
- MarketScreener ....

United Kingdom , Aiolos Bio , Kleinwort Hambros , Raymond James , Close Brothers Group , Lloyds Banking Group , Societe Generale , Banking Group ,

GSK snaps up potential asthma treatment gamechanger in £800m deal

GSK has completed the acquisition of Aiolos Bio, a company working on treatments for respiratory and inflammatory conditions. ....

New York , United States , City Of , United Kingdom , Jess Jones , Jiangsu Hengrui , Dame Emma Walmsley , Tony Wood , Aiolos Bio ,