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GSK to buy Canada’s 35Pharma for $950M to develop HS235, an experimental drug for pulmonary hypertension.
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.
The drug, which has completed phase I trials, shows potential metabolic and vascular benefits and may reduce bleeding risks compared to current treatments.
The acquisition supports GSK’s strategy to expand its pipeline in respiratory and cardiovascular diseases, following its January purchase of RAPT Therapeutics.
The deal is pending regulatory approval in the U.S. and Canada.
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GSK comprará Canada's 35Pharma por $950M para desarrollar HS235, un medicamento experimental para la hipertensión pulmonar.