Archives for May 31, 2022

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GSK acquires vaccine company Affinivax

GSK acquires vaccine company Affinivax

By Rachel Arthur

GSK will acquire Affinivax, a US clinical-stage biopharmaceutical company, for a $2.1bn upfront payment and up to $1.2bn in potential development milestones.

Lilly invests $2.1bn in new Indiana manufacturing sites

Lilly invests $2.1bn in new Indiana manufacturing sites

By Rachel Arthur

Eli Lilly and Company plans to expand its manufacturing footprint in Indiana by investing $2.1bn in two new manufacturing sites at Indiana's LEAP Lebanon Innovation and Research District in Boone County.