Genelabs

Novartis has been dropping steadily since it announced the Genelabs deal on June 5.

Gurus Buy Google And Goldman, Dump Target John Dobosz 2006

Genelabs executives and employees have been given pink slips.

Bio Job Blog 2009

By purchasing Genelabs, GSK establishes a presence on the West Coast.

Bio Job Blog 2009

Luckily for former Genelabs employees, California biotechnology companies are still hiring.

Bio Job Blog 2009

Genelabs will become part of Glaxo's drug discovery organization and its hepatitis C virus program.

Bio Job Blog 2009

According to sources at the company, Genelabs employees will be offered a week of severance pay for each year of service.

Bio Job Blog 2009

GlaxoSmithKline announced late last fall that it would acquire California-based Genelabs for $57 million in cash.

Bio Job Blog 2009

Under the terms of the deal, GlaxoSmithKline (NYSE: GSK) will acquire Genelabs (NASDAQ: GNLB) through a tender offer of $1.30 per share in cash.

National Business News - Local Business News | bizjournals 2008

Genelabs will become part of GSK's Drug Discovery organization and its HCV programs will be consolidated with its existing pipeline.

FierceBiotech 2008

"Genelabs has demonstrated a strong track record in HCV drug discovery and identified numerous novel classes of inhibitors that target unprecedented mechanisms in the virus's life cycle," stated Zhi Hong, SVP of the Infectious Diseases Centre for Excellence in Drug Discovery at GSK.

FierceBiotech 2008