GSK Acquires CMG1A46 From Chimagen Biosciences For $300M To Boost Immunology Pipeline, Targeting B Cell-Driven Autoimmune Diseases Like Lupus; Chimagen Eligible For Additional $550M In Milestone Payments
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GSK has acquired CMG1A46 from Chimagen Biosciences for $300 million to enhance its immunology pipeline, focusing on B cell-driven autoimmune diseases such as lupus. Chimagen may receive an additional $550 million in milestone payments.
October 29, 2024 | 12:16 pm
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GSK's acquisition of CMG1A46 for $300M aims to boost its immunology pipeline, particularly in treating B cell-driven autoimmune diseases like lupus. This strategic move could enhance GSK's market position in immunology.
The acquisition of CMG1A46 is a strategic move by GSK to enhance its immunology pipeline, which could lead to new treatments for autoimmune diseases like lupus. This could positively impact GSK's market position and future revenues.
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