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FeedsFarm.com > GlaxoSmithKline to buy ID Biomedical for $1.4 billion

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Pharmaceutical Business Review Online

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GlaxoSmithKline to buy ID Biomedical for $1.4 billion

12th Sep 2005, 13:51 GMT

GlaxoSmithKline has agreed to purchase Canadian biotechnology company ID Biomedical for approximately $1.4 billion. ID Biomedical is dedicated to the manufacturing and development of vaccine products, including influenza vaccines.

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