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GlaxoSmithKline plc

Drug Names(s): FluINsure

Description: FluINsure is an intranasal, non-living, sub-unit vaccine consisting of Proteosomes formulated with influenza antigen preparations in a manner that facilitates intimate association between the Proteosomes and the flu antigens.

Deal Structure: GlaxoSmithKline acquired FluINsure through its acquisition of ID Biomedical. In September 2005, GlaxoSmithKline and ID Biomedical Corporation announced a definitive agreement for GSK to acquire ID Biomedical. In December 2005, ID Biomedical announced that the acquisition by GlaxoSmithKline closed and ID Biomedical is now a wholly-owned subsidiary of GSK.

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