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GSK completes $3 billion acquisition of Human Genome
August 3, 2012 / 6:15 AM / 5 years ago

GSK completes $3 billion acquisition of Human Genome

LONDON (Reuters) - GlaxoSmithKline has completed its $3 billion acquisition of long-time biotech partner Human Genome Sciences, after buying all the outstanding shares for $14.25 each in cash, Britain’s biggest drugmaker said on Friday.

The deal secures it full rights to recently launched lupus drug Benlysta and other experimental medicines.

Reporting by Ben Hirschler

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