The Wall Street Journal-20080205-GlaxoSmithKline PLC- Rights Are Purchased For Respiratory Work
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GlaxoSmithKline PLC: Rights Are Purchased For Respiratory Work
Full Text (53 words)Reuters
GlaxoSmithKline PLC acquired rights to early-stage drug research from Amira Pharmaceuticals in a deal that could earn the U.S. biotech company as much as $425 million. The companies said United Kingdom- based Glaxo will have world-wide exclusive rights to develop and commercialize Amira's experimental compounds for treatment of respiratory and cardiovascular disease.