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GSK to buy asthma-drug developer for up to $1.4 billion in pipeline push

Por: MarketWatch Business January 09, 2024

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Shares of GSK rose 1% on Tuesday, having gained 10% over the previous 12 months.  Founded in October 2023, Aiolos Bio acquired the rights to develop its AIO-001 molecule from Chinese drug developer Jiangsu Pharmaceutical Co in August 2023, after raising $245 million in investment from venture capital firms including Bain Capital Life Sciences.    Aiolos’s deal with Jiangsu gives the San Francisco biotech company the rights to develop and... + full article



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