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	<title>biopharma Archives - UK Investor Magazine</title>
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		<title>GSK acquires biopharma group Affinivax for $3.3bn</title>
		<link>https://ukinvestormagazine.co.uk/gsk-acquires-biopharma-group-affinivax-for-3-3bn/</link>
					<comments>https://ukinvestormagazine.co.uk/gsk-acquires-biopharma-group-affinivax-for-3-3bn/#comments</comments>
		
		<dc:creator><![CDATA[Natasha Doris]]></dc:creator>
		<pubDate>Tue, 31 May 2022 09:20:41 +0000</pubDate>
				<category><![CDATA[News]]></category>
		<category><![CDATA[Shares]]></category>
		<category><![CDATA[Affinivax]]></category>
		<category><![CDATA[biopharma]]></category>
		<category><![CDATA[FTSE 100]]></category>
		<category><![CDATA[GSK]]></category>
		<category><![CDATA[London stocks]]></category>
		<category><![CDATA[pharma]]></category>
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					<description><![CDATA[<img width="300" height="200" src="https://ukinvestormagazine.co.uk/wp-content/uploads/2022/05/GSK-31052022-300x200.jpg" class="webfeedsFeaturedVisual wp-post-image" alt="" style="display: block; margin: auto; margin-bottom: 5px;max-width: 100%;" link_thumbnail="" decoding="async" fetchpriority="high" srcset="https://ukinvestormagazine.co.uk/wp-content/uploads/2022/05/GSK-31052022-300x200.jpg 300w, https://ukinvestormagazine.co.uk/wp-content/uploads/2022/05/GSK-31052022-768x512.jpg 768w, https://ukinvestormagazine.co.uk/wp-content/uploads/2022/05/GSK-31052022-150x100.jpg 150w, https://ukinvestormagazine.co.uk/wp-content/uploads/2022/05/GSK-31052022-600x400.jpg 600w, https://ukinvestormagazine.co.uk/wp-content/uploads/2022/05/GSK-31052022-696x464.jpg 696w, https://ukinvestormagazine.co.uk/wp-content/uploads/2022/05/GSK-31052022-630x420.jpg 630w, https://ukinvestormagazine.co.uk/wp-content/uploads/2022/05/GSK-31052022.jpg 1000w" sizes="(max-width: 300px) 100vw, 300px" /><p>GSK shares were up 0.3% to 1,733.7p in early morning trading on Tuesday, following the company&#8217;s acquisition of US clinical-stage biopharmaceutical company, Affinivax. GSK is set to acquire 100% of outstanding Affinivax shares, and confirmed that it would pay $2.1 billion immediately, and up to $1.2 billion in potential paediatric developmental milestones in separate payments [&#8230;]</p>
<p>The post <a href="https://ukinvestormagazine.co.uk/gsk-acquires-biopharma-group-affinivax-for-3-3bn/">GSK acquires biopharma group Affinivax for $3.3bn</a> appeared first on <a href="https://ukinvestormagazine.co.uk">UK Investor Magazine</a>.</p>
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