GSK Pays $5.1B For Tesaro, Setting Up “PARP” Battle With Rival AstraZeneca

GSK Pays $5.1B For Tesaro, Setting Up “PARP” Battle With Rival AstraZeneca

Source: 
Xconomy
snippet: 

GlaxoSmithKline on Monday agreed to pay $5.1 billion for Tesaro, becoming the latest firm to bet on a new type of cancer drug that has shown promise treating multiple tumor types but has yet to become a blockbuster seller.