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Zai Lab of Shanghai in-licensed global rights to two anti-inflammatory candidates from GlaxoSmithKline. Zai did not disclose many details about the assets, which target multiple anti-inflammatory indications, except to say that one is in a Phase II trial and the other in pre-clinical development. Zai's rights to the drugs include global commercialization. Zai already has two other molecules for anti-inflammation in clinical development, one targets asthma/COPD, the other targets graft-versus-host/irritable bowel syndrome. More details....
Stock Symbol: (NYSE: GSK)
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Original Article: Zai Lab Acquires Global Rights to Two GSK Anti-Inflammatory AssetsNEXT ARTICLE
GlaxoSmithKline is the third largest pharmaceutical company in the world, based on annual sales, which reached $37,134m in 2009. Spread over 100 countries, GSK employs 96,500 people, 13,000 of which are dedicated to research and development of the the ...
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