GlaxoSmithKline Inc. will gain full control of a pair of Phase III assets along with a larger pipeline in its $3.6 billion purchase of Human Genome Sciences Inc., but virtually all observers believe the key driver to the deal, contingent on a majority of HGS shareholders accepting GSK’s $14.25 per share offer, is the multinational pharma getting full control over Benlysta, a lupus drug launched in 2011 to so-far disappointing sales results.
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