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flag GSK to buy Canada’s 35Pharma for $950M to develop HS235, an experimental drug for pulmonary hypertension.

flag GSK has agreed to acquire Canada’s 35Pharma for $950 million to gain access to HS235, an investigational drug in early development for pulmonary hypertension linked to heart failure and pulmonary arterial hypertension. flag The drug, which has completed phase I trials, shows potential metabolic and vascular benefits and may reduce bleeding risks compared to current treatments. flag The acquisition supports GSK’s strategy to expand its pipeline in respiratory and cardiovascular diseases, following its January purchase of RAPT Therapeutics. flag The deal is pending regulatory approval in the U.S. and Canada.

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