GSK licenses early-stage cancer, CNS programs to Boston Pharma—with repurchase option

When biopharma companies out-license programs, they’re usually kissing them goodbye—unless, of course, their partner bails on the deal and hands them back the rights. In the same vein, GlaxoSmithKline is farming out a pair of early-stage assets to its partner Boston Pharmaceuticals to develop through proof of concept—except, if the programs wind up back at the British drugmaker, it will be a success.

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