GSK to Fully Acquire Cellzome
GSK took an initial 19.98% stake in Cellzome in 2008 and will now purchase the remaining 80.02% shares in the company.
GlaxoSmithKline has signed a take-over agreement to fully acquire Cellzome for ￡61m in cash.
GSK took an initial 19.98% stake in Cellzome in 2008 and will now purchase the remaining 80.02% shares in the company.
Cellzome's proteomics technologies can be used throughout drug discovery, from screening to selective profiling of compounds in different cells and also in patient samples.
GSK senior vice president for platform and technology science John Baldoni said: "The acquisition of Cellzome adds significantly to our scientific capabilities and capacity to characterise drug targets and provides the opportunity to further enhance GSK's ability to bring medicines to patients in a more effecti
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