This suggests that the gsk/sirtris integration is defined by different time periods (ie immediately after transaction closes, 6-months post transaction, 1 yr) as well as different processes for the various departments and employees of the post-acquisition company. Glaxosmithkline’s (nyse:gsk) $720 million acquisition of sirtris pharmaceuticals looks a little less rosy this spring, following the may 4 suspension of a mid-stage trial for srt501, a. Gsk's acquisition of sirtris: independence or integration case solution, this case is about mergers & acquisitions, organizational culture, organizational structure, research & development publication date: april 21, 200. Gsk bought sirtris in 2008 for $720 million, perhaps largely due to the success its founders, david sinclair and christoph westphal, had with researching and developing resveratrol (and associated derived chemicals) check out the 2008 highlight reel for sirtris below to see what gsk was sold.
Glaxo slaps former sirtris execs -- glaxosmithkline westphal and dipp joined glaxo after the sirtris acquisition and continued to direct glaxo's continuing efforts into resveratrol drug. View 19-+gsk-sirtris_kirks_v2r+_f16_ from si 422 at boston university si432 corporate strategy: formulation & implementation john s kirks c westphal class #19 gsks acquisition of. As followers of the drug industry know, glaxosmithkline famously paid $720 million to buy sirtris pharmaceuticals in 2008 sirtris is the most high-profile shop working on sirtuins and resveratrol-like pharmacology, which subject has received a massive amount of press (some accurate, some scrambled. Sirtris pharmaceuticals has been taken over by glaxosmithkline (gsk) as part of an agreement involving the acquisition of the company's research portfolio through a cash tender offer of £1133 per share.
While other major pharmaceutical companies are scrambling for a spot in kendall square’s hotbed of biotechnology, glaxosmithkline is closing the cambridge headquarters of its sirtris. Gsk, fountain acquisition corporation and sirtris are mailing these documents to the stockholders of sirtris these documents contain important information about the tender offer and stockholders of sirtris are urged to read them carefully. The executive of the pharmaceutical company gsk must choose whether to integrate the newly acquired biotechnology firm, sirtris moncef slaoui, global head of gsk r & d, acquisition of sirtris stood to gain access to its potentially revolutionary science. Case study – gsk’s acquisition of sirtris: independence or integration questions to be answered: 1 slaoui and andrew witty, gsk’s ceo must sell the acquisition of sirtris to two key constituencies: the gsk board of directors, as well as to westphal and the senior team at sirtris. This acquisition continues gsk's strategy of pursuing the best new science, externally or internally, to bring new medicines to patients and value to the gsk pipeline sirtris will remain an.
Xconomy boston — [updated 2:25 pm et, 3/13/13] glaxosmithkline is closing down cambridge, ma-based sirtris pharmaceuticals, almost five years after it paid $720 million to acquire the hot. This case is about change management publication date: october 04, 2012 product #: 813028-pdf-eng an executive from pharmaceutical company gsk must select how much to incorporate sirtris, a recently acquired biotechnology business. Julian heslop, chief financial officer at gsk, said sirtris was a world leader in research and development of sirtuins it is our biggest research and development-type acquisition. Tuesday night, drug giant glaxosmithkline announced it was buying sirtris pharmaceuticals of cambridge, mass, for $720 million in cash sirtris has generated a lot of hype because it is.
The acquisition is motivated by gsk's desire to enhance its metabolic, neurology, immunology, and inflammation research efforts by utilizing sirtris' expertise in the field of sirtuins, a class of enzymes (nad-dependent histone deacetylases) that are believed to be involved in the aging process. Glaxosmithkline acquires sirtris pharmaceuticals on 2008-04-22 for $720000000 back products marketplace sirtris pharmaceuticals develops small molecule drugs for the treatment of aging and metabolic diseases acquiring organization: glaxosmithkline gsk is a science-led healthcare company announced date apr 22, 2008 acquisition. On december 2, pharmaceutical giant glaxosmithkline quietly halted a clinical trial of srt501, a concentrated form of resveratrol, which is the much-hyped substance found in red wine grapes.
The sirtris acquisition is part of a larger strategy at gsk to revamp its r&d teams into smaller units, with decisions being made at lower levels of the corporate food chain. Gsk acquisition of sirtris this 12 page paper is based only on a case study supplied by the student and their lecture notes the case concerns the potential acquisition the biotechnology company sirtris by gsk, answering a set of questions asked by the student concerning the way that the acquisition may be proposed and assessed and issues of. A senior executive of pharmaceutical company gsk will have to decide how much a recently acquired biotechnology company sirtris integrate moncef slaoui, gsk’s global head of r & d, continued to gain access to their potentially revolutionary science for the acquisition of sirtris. Through the acquisition of sirtris, gsk will significantly enhance its metabolic, neurology, immunology and inflammation research efforts by establishing a presence in the field of sirtuins, a.