XenoPort in the Storm: GSK Split Ends Horizant Squabble
By Randy Osborne
Monday, November 12, 2012
It wasn't the first time that a deal by GlaxoSmithKline plc left Wall Street unsatisfied and ultimately fizzled, but the severing of XenoPort's tie with the pharma giant leaves the biotech in fairly good shape: full rights to Horizant (gabapentin enacarbil) and $20 million in new equity money.
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