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GSK Acquires Experimental Liver Drug Efimosfermin for $1.2 Billion Upfront

The deal, which could reach $2 billion with milestones, positions GSK to target unmet needs in liver disease with a planned 2029 launch.

GSK (GlaxoSmithKline) logo is seen in this illustration, August 10, 2022. REUTERS/Dado Ruvic/Illustration/File Photo
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GSK boss Dame Emma Walmsley has set a target of generating group revenue of more than £40 billion by 2031
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Overview

  • GSK has finalized the acquisition of efimosfermin, a once-monthly injectable therapy for metabolic dysfunction-associated steatohepatitis (MASH) and alcohol-related liver disease.
  • The $1.2 billion upfront payment to Boston Pharmaceuticals could rise to $2 billion with milestone achievements, with Novartis entitled to royalties as the drug's original licensor.
  • Efimosfermin is ready to enter Phase 3 clinical trials and aims to treat and prevent the progression of liver fibrosis, a leading cause of liver transplants.
  • This acquisition aligns with GSK’s strategy of bolstering its biopharma pipeline through targeted deals, as it aims to surpass £40 billion in revenue by 2031.
  • Liver disease treatments are drawing significant interest from major pharmaceutical companies due to the lack of effective therapies and the high healthcare costs associated with advanced liver conditions.