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GlaxoSmithKline (NYSE: GSK) acquired the HIV portfolio from Bristol-Myers Squibb (NYSE: BMY) – Triangle Business Journal

By February 23, 2016News
GlaxoSmithKline-gsk-logo

GlaxoSmithKline-gsk-logo

GlaxoSmithKline (NYSE: GSK) acquired the HIV portfolio from Bristol-Myers Squibb (NYSE: BMY). Both sides announced the preliminary deal in December. GSK pays $350 million up front and could pay an additional $1 billion depending on developmental and sales milestones.

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