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GSK to buy HIV drugs from Bristol-Myers Squibb for initial $350 million – Reuters

By December 21, 2015News
GlaxoSmithKline-gsk-logo

GlaxoSmithKline-gsk-logo

Pharmaceutical group GlaxoSmithKline said its majority-owned HIV business would buy drugs at different stages of development from U.S. rival Bristol-Myers Squibb for an initial $350 million.

GSK said the acquisitions would provide ViiV Healthcare, its HIV unit in which Pfizer and Shionogi are junior partners, with new opportunities for growth.

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