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Tag Archives: biotech

GlaxoSmithKline wins takeover bid for Human Genome

U.K. drug maker GlaxoSmithKline has secured its takeover of longtime partner Human Genome Sciences after agreeing to pay more, a move to expand GSK’s drug portfolio in crucial areas: biologic drugs and treatments for the hundreds of millions of people ...

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Report: GSK in deal talks with Human Genome

NEW YORK — GlaxoSmithKline PLC is reportedly talking this weekend with Human Genome Sciences Inc. about its $2.6 billion offer for the Rockville-based biotech company. British drug maker GlaxoSmithKline made its first bid for the biotech company in April and ...

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EBDI protestor faces a jury trial on June 26

Three of the four men arrested on March 29 during a protest march for employment at East Baltimore Development Inc. appeared in Maryland District Court in Baltimore Wednesday morning for a hearing on charges including disorderly conduct, resisting arrest and disturbing ...

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Human Genome adopts ‘poison pill’ measure

ROCKVILLE — Biotech drugmaker Human Genome Sciences Inc.’s board has adopted a “poison pill” shareholder rights plan to ward off unsolicited takeover bids, and it also has rejected a buyout offer worth nearly $2.6 billion from British pharmaceutical giant GlaxoSmithKline ...

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Human Genome rejects GlaxoSmithKline’s $2.59B bid

The decision by Rockville-based biotech drugmaker Human Genome Sciences Inc. to reject an unsolicited $2.59 billion takeover bid Thursday may increase the eventual sale price of the company, analysts said. The question is by how much. “For the most part, ...

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Biotech tax credit faces demise amid talk of special session

ANNAPOLIS — A Rockville-based biotechnology company spent the last year trying to kill off bacteria that cause stomach ulcers, the kind of research that would be difficult to conduct without significant outside investment. But by passing a “doomsday” budget containing ...

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Study: Sanaria’s malaria vaccine is safe

A Rockville biotech firm whose malaria vaccine works by triggering an immune response with the saliva from 1,000 irradiated mosquitoes, is safe and shows promise, according to a research study published in the journal Science. Sanaria Inc. published the phase ...

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