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BLyS is a naturally occurring protein discovered by HGS that is required for the development of B-lymphocyte cells into mature plasma B cells.
00 per share, its bid to buy US biopharmaceutical firm Human Genome Sciences (NASDAQ:HGSI), or HGS, and could announce an agreement on Monday, according to Reuters sources.
At FivePrime's request, HGS will supply FivePrime with FP-1039 for use in the rest of world territories.
The HGS CEO Partha De Sarkar stated, Going forward, our acquisition strategy is to look at companies that are in the healthcare segment.
GSK, whose bid was to expire on 29 June, said on Friday it had decided to extend it beyond the 16 July deadline set by HGS for final offers to be submitted as part of its strategic review, in a move to allow HGS shareholders the opportunity to compare the results of the boarda[euro](tm)s review to the hostile offer.
Thomas Watkins, president and chief executive officer of HGS, said that the company believes that the priority review designation speaks both to the significant medical need of people living with lupus and to the potential belimumab may hold as a new treatment option for these patients.
HGS DigiCHAT is a key channel for any business looking to give its connected customer a variety of ways to get the product and service information they need.
According to GSK the agreed offer price represents a premium of 99% to the HGS closing price of USD7.
34) a share takeover offer for the US biopharmaceutical firm Human Genome Sciences (NASDAQ:HGSI), or HGS.
Under an exclusive worldwide co-development and commercialisation agreement inked in 2006, HGS and Novartis will co-commercialise albinterferon alfa-2b in the US as ZALBIN, and will share clinical development costs, US commercialisation costs and US profits equally.
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- HGPRT deficiency