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Evaluating three options for Human Genome in wake of takeout bid by GSK
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By Erin McCallister& Stacy Lawrence
Senior Writers
Published on
Monday, April 23, 2012
After turning down a $2.6 billion offer from long-time partner
GlaxoSmithKline
plc, Human
Genome Sciences Inc. has three options: try to get more from GSK, look
for a white knight, or essentially reinvent itself yet again in an attempt to
remain independent.
Reinvention has allowed the
biotech to survive as one of the last independent genomics pioneers. However,
door number one seems the most likely scenario given GSK and HGS's 20-year
relationship and the slow sales ramp of their lupus drug Benlysta belimumab.
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