GSK to buy Boston-based IDRx for $1.15 billion (NYSE:GSK)


The Glaxosmithkline headquarters office building in Poznan. LOGO

Wirestock/iStock Editorial via Getty Images

GSK (NYSE:GSK) finalized the deal to acquire Boston-based, clinical-stage biopharmaceutical company—IDRx for a total of up to $1.15 billion cash consideration.

Under the agreement signed by both companies, GSK (GSK) will pay $1 billion upfront, with the potential for an additional $150 million success-based


Leave a Comment