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Glaxo Avoids Market for Lemons by Buying Collaborators

09:11 EDT 28 May 2012 | Current Partnering

GlaxoSmithKline may find its next acquisition target where the U.K. drugmaker found the last two: among more than a dozen companies it collaborates with to develop new treatments. Glaxo has stakes in more than 10 publicly-traded companies, including DiaDexus, which develops diagnostics for detecting heart attack and stroke risk, according to data compiled by Bloomberg. [...

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