News briefing: GlaxoSmithKline adds to flurry of dealmaking; Takeda strikes $322M deal to offload a non-core portfolio
As 2020 winds down, British drugmaker GlaxoSmithKline continues a flurry of biotech dealmaking — this time focused on small molecule therapeutics that target transmembrane proteins.
Through a collaboration with San Diego-based Ligand Pharmaceuticals and its subsidiary Icagen, the groups will work to identify and develop inhibitors of a specific genetically-validated molecular target relevant to neurological diseases.
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