GSK Boosts Its Asthma Product Portfolio With Over $1B Deal For Aiolos Bio
Portfolio Pulse from Vandana Singh
GSK plc has acquired Aiolos Bio Inc. for $1 billion with an additional $400 million in potential milestone payments. The deal gives GSK access to AIO-001, a monoclonal antibody for asthma treatment, ready for phase 2 trials. AIO-001, licensed from Jiangsu Hengrui Pharmaceuticals, could expand GSK's respiratory portfolio, targeting a broader asthma patient base. GSK's focus on respiratory diseases is part of its strategy to offset upcoming patent expirations. In 2022, respiratory products generated £11 billion for GSK. GSK shares rose 0.30% in premarket trading.
January 09, 2024 | 12:26 pm
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GSK's acquisition of Aiolos Bio for $1 billion, with potential milestone payments, secures AIO-001, a promising asthma treatment. This strategic move aims to strengthen GSK's respiratory portfolio amid upcoming patent expirations.
The acquisition is directly related to GSK's growth strategy in the respiratory sector, which is a significant part of its business. The positive premarket share movement suggests investor optimism regarding the deal's potential to enhance GSK's product offerings and revenue, especially as the company faces patent expirations.
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