Issued: Thursday 13 September 2012, London UK - LSE Announcement
GSK to acquire five million shares in Response Genetics for US$1.10 per share in cash
GlaxoSmithKline plc (LSE: GSK) today announces that it has acquired five million newly issued shares of Response Genetics, Inc. (RGI) (NASDAQ: RGDX) common stock at a purchase price of US$1.10 per share in cash. As a result, GSK now owns approximately 15.2% of the expanded share capital of RGI.
This transaction builds on the relationship GSK and RGI have been building over the years in the diagnostics field of oncology and vaccines. RGI performs companion diagnostic tests and other related activities for GSK's immunotherapies and oncology pipeline candidates.
V A Whyte
Company Secretary
13 September 2012
GlaxoSmithKline - one of the world's leading research-based pharmaceutical and healthcare companies - is committed to improving the quality of human life by enabling people to do more, feel better and live longer. For further information please visit www.gsk.com
GlaxoSmithKline Enquiries: |
|
|
|
UK Media enquiries: |
David Mawdsley |
+44 (0) 20 8047 5502 |
(London) |
|
Stephen Rea |
+44 (0) 20 8047 5502 |
(London) |
|
Sarah Spencer |
+44 (0) 20 8047 5502 |
(London) |
|
David Daley |
+44 (0) 20 8047 5502 |
(London) |
|
|
|
|
US Media enquiries: |
Kevin Colgan |
+1 919 483 2933 |
(North Carolina) |
|
Melinda Stubbee |
+1 919 483 2510 |
(North Carolina) |
|
Sarah Alspach |
+1 202 715 1048 |
(Washington, DC) |
|
Jennifer Armstrong |
+1 215 751 5664 |
(Philadelphia) |
|
|
|
|
Analyst/Investor enquiries: |
Sally Ferguson |
+44 (0) 20 8047 5543 |
(London) |
|
Tom Curry |
+ 1 215 751 5419 |
(Philadelphia) |
|
Gary Davies |
+ 44 (0) 20 8047 5503 |
(London) |
|
James Dodwell |
+ 44 (0) 20 8047 2406 |
(London) |
|
Jeff McLaughlin |
+ 1 215 751 7002 |
(Philadelphia) |
|
Ziba Shamsi |
+ 44 (0) 20 8047 3289 |
(London) |
Cautionary statement regarding forward-looking statements
|
Registered in England & Wales: No. 3888792 |
|
Registered Office: 980 Great West Road Brentford, Middlesex TW8 9GS |