Leading the Way in Life Science Technologies

GEN Exclusives

More »

GEN News Highlights

More »
Oct 9, 2007

GSK Gains Access to Anacor’s Boron-Based Chemistry in Multibillion-Dollar Deal

  • Anacor Pharmaceuticals stands to earn upwards of $2 billion through a deal with GlaxoSmithKline (GSK). The company will receive $12 million in cash and a $10 million equity investment upfront from GSK for R&D work on antiviral and antibacterial drugs.

    In return, GSK gains access to Anacor’s boron-based chemistry for use against selected targets. Anacor will primarily be responsible for the discovery and development of boron-containing small molecule candidates through clinical proof of concept. At this point, GSK will have an exclusive option to license each drug for further development and commercialization on a worldwide basis.

    GSK may select compounds that are directed to up to four targets with the potential for at least eight product options.  Anacor is eligible to receive discovery, development, regulatory, and commercial milestones ranging from $252 million and $331 million for each. The company may also receive tiered double-digit royalties.



Be sure to take the GEN Poll

CRISPR Patent Controversy

Do you think recently released email from a former Broad Institute scientist to Jennifer Doudna will expedite a final legal decision on who owns the CRISPR patent?

More »