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Judge sides with HGS on poison pill

By June 1, 2012No Comments
Human Genome

Human Genome

The latest chapter in Human Genome Sciences’ battle to fend off a hostile takeover bid by British pharma giant GlaxoSmithKline played out in a Rockville courtroom Thursday morning.

A Montgomery County Circuit Court judge shot down an HGS shareholder’s request for a temporary restraining order to invalidate the “poison pill” the Rockville biotech enacted last month to make it a less attractive acquisition target.

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