GSK raises bet on AIDS drug with new Shionogi deal

Signage is pictured on the company headquarters of GlaxoSmithKline in west LondonLONDON/TOKYO (Reuters) – GlaxoSmithKline has raised its bet on a promising drug for HIV/AIDS by redrawing a deal with Japan's Shionogi, giving it a much bigger economic interest in the new product. Dolutegravir, a once-daily drug that has performed strongly in clinical trials, is seen by analysts as a potential multibillion-dollar-a-year seller and a strong competitor to treatments from market leader Gilead Sciences. …



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