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HomeInvestmentGSK to boost respiratory portfolio with $1.4 billion Aiolos Bio deal By...

GSK to boost respiratory portfolio with $1.4 billion Aiolos Bio deal By Reuters


© Reuters. FILE PHOTO: GSK (GlaxoSmithKline) logo is seen in this illustration, August 10, 2022. REUTERS/Dado Ruvic/Illustration/File Photo

(Reuters) – British drugmaker GSK on Tuesday said it would acquire Aiolos Bio for a $1 billion upfront payment and up to $400 million in certain success-based regulatory milestone payments.

The acquisition will help beef up GSK’s respiratory diseases portfolio, which is currently growing on the back of its respiratory syncytial virus (RSV) vaccine’s strong launch.

Founded in 2023, Aiolos is developing a drug ready to enter late stage trials for the treatment of adult patients with asthma.



This story originally appeared on Investing

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