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Reuters: GSK to pay Actelion up to $3.3 bln for drug rights

Started by chris, July 14, 2008, 12:41:08 PM

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chris

GSK to pay Actelion up to $3.3 bln for drug rights
      


ZURICH (Reuters) - GlaxoSmithKline Ltd could pay Swiss company Actelion Ltd up to 3.3 billion Swiss francs ($3.28 billion) to develop a promising insomnia drug in the largest biotech partnering deal.
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