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Pharmaceuticals
Emergent Biosolutions To Acquire Trubion
by Ann M. Thayer
August 23, 2010
| A version of this story appeared in
Volume 88, Issue 34
Emergent BioSolutions, a developer of vaccines and other agents against infectious diseases, will acquire Trubion Pharmaceuticals in a deal worth up to $136 million. Emergent will pay $97 million up front and as much as $39 million in milestones. Trubion has two protein-based oncology and autoimmunity drug candidates in clinical testing and others in preclinical development. Rockville, Md.-based Emergent will use Trubion’s Seattle research site for therapeutics-focused product development.
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