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GlaxoSmithKline plc

Drug Names(s): Keratinocyte Growth Factor-2, KGF-2, Fibroblast Growth Factor-10, FGF-10

Description: Repifermin stimulates the growth of skin cells and other cells by mimicking the effects of the natural growth factor KGF2. This potentially leads to therapeutic effects in cases where skin and other tissue are damaged -- sores in the mouth, throat, and gastrointestinal tract induced by chemotherapy or the gastrointestinal tract in patients with ulcerative colitis, for example.

Deal Structure: Glaxo agreed to co-develop and co-market Repifermin when the drug reaches phase III trials.

In July 2012, GlaxoSmithKline and Human Genome Sciences entered into a definitive agreement under which GSK will acquire HGS for US$14.25 per share in cash. The acquisition was completed in August 2012.

Repifermin News

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