Analysis: GSK bolsters medicine chest with biotechnology buy

Analysis Gsk Bolsters Medicine Chest Biotechnology - Psychology, Special Needs, Health - Posted: 18th Jul, 2012 - 12:30am

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Post Date: 18th Jul, 2012 - 12:30am / Post ID: #

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Analysis: GSK bolsters medicine chest with biotechnology buy

Analysis: GSK bolsters medicine chest with biotechnology buy
Biotechnology News

LONDON (Reuters) - GlaxoSmithKline chief executive Andrew Witty has an eye for a bargain. Despite paying a 99 percent premium for Human Genome Sciences, he is still getting the biotechnology company for less than half what it was worth 14 months ago. In exchange for his $3 billion cheque, which GSK can pay out of existing cash resources, Witty gets full control of a clutch of new medicines finally starting to flow from the decoding of human DNA. ...

Source: BioTech News Headlines - Yahoo! News

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Post Date: Wed Dec 18 12:33:30 GMT 2024 / Post ID: #

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Analysis: GSK bolsters medicine chest with biotechnology buy

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