Theravance To Split To Create Firm Focused On GSK Tie-Up

By Sindhu Sundar (April 26, 2013, 4:14 PM EDT) -- Biopharmaceutical firm Theravance Inc. will be split into two independent publicly traded firms, one of which will work with British pharmaceutical giant GlaxoSmithKline PLC on their ongoing collaboration to develop certain respiratory drugs, Theravance said Thursday....

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