Pharma BD Deal Intelligence

GlaxoSmithKline plc / Domantis Limited

2007 · Licensing/Option · $454M · Complete

WRONG BY 62 POINTS

GSK paid $454M for a next-gen antibody platform in 2007 that, nearly two decades later, has not produced a single marketed medicine under its own name — the technology was absorbed into GSK's broader biopharm R&D (AlbudAb fusion format lives on in early-stage trials) but never delivered the transformative pipeline GSK paid for.

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The coverage arc

Dec 11, 2006 BioWorld Bullish

Domantis CEO Bob Connelly said "Everybody has to be able to play in the antibody sector now," and that dAbs offered "a combination therapy in one product";…

Dec 11, 2006 Genetic Engineering & Biotechnology News Bullish

GEN reported the £230M/$454M all-cash transaction and listed Domantis indications under development — rheumatoid arthritis, asthma, COPD and multiple myeloma —…

Dec 12, 2006 Pharmafile Bullish

Pharmafile reported Domantis had previously raised $83 million in venture capital since its 2000 launch and that GSK's £230 million purchase placed it "at the…

Source summaries from our enrichment pipeline; follow links for originals.

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GlaxoSmithKline acquired Domantis Limited, a Cambridge UK domain-antibody (dAb) developer, for GBP 230M (~$454M) in cash to extend its biologics platform. Remove the trailing 'Source:' clause.

Did it work? Outcome assessment

GSK paid $454M for a next-gen antibody platform in 2007 that, nearly two decades later, has not produced a single marketed medicine under its own name — the technology was absorbed into GSK's broader biopharm R&D (AlbudAb fusion format lives on in early-stage trials) but never delivered the transformative pipeline GSK paid for.

Strategic verdict
Failed to Achieve

Key facts

Related deals — scored

DealYearValueOutcome
GlaxoSmithKline plc / Domantis Limited (this deal)2007$454M38
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