StockMarketFunding.com reports that Human Genome Sciences FDA Panel Recommendation for Benlysta may cause any large biotechnology players to look at HGSI as a takeover target. The main company with a vested interest in the equity is GSK GlaxoSmithKline with $10.24B billion in cash. GSK stands to split the revenues generated with HGSI's Benlysta 50/50. Analyst have said that Benlysta sales could reach between $3-5 Billion dollars by 2014.
Monday, November 22, 2010
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