Pharma BD Deal Intelligence

GlaxoSmithKline plc / Frontier Biotechnologies Inc.

2026 · Licensing/Option · $1.0B · Complete

Outcome grade pending — assessed 5 years post-close.

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The coverage arc

Feb 24, 2026 BioSpace Neutral

GSK inks $1B-plus siRNA licensing pact with China-based Frontier Biotech for two early-stage kidney disease programs. The deal's structure — modest upfront,…

Feb 24, 2026 Pharmaceutical Technology Bullish

GSK backs siRNA modality through $1bn Frontier deal. The agreement gives GSK exclusive global rights outside China-origin development, with Frontier retaining…

Mar 06, 2026 A&O Shearman (legal advisory) Neutral

Law firm advisory confirming GSK/Frontier exclusive worldwide siRNA license structure; describes agreement as prospective (will exclusively license), no close…

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GSK entered a global exclusive licensing agreement with Shanghai Stock Exchange-listed Frontier Biotechnologies for two early-stage siRNA therapeutic candidates targeting inflammation-driven kidney diseases. GSK pays $40 million upfront with up to $963 million in development, regulatory, and commercial milestones, plus tiered royalties on global sales. Frontier advances the assets through Phase 1 in China and completes IND-enabling work; GSK assumes subsequent global clinical development, regulatory submissions, and commercialization. The deal extends GSK's siRNA pipeline following its earlier $745M Empirico COPD siRNA pact.

Key facts

Related deals — scored

DealYearValueOutcome
GlaxoSmithKline plc / Frontier Biotechnologies Inc. (this deal)2026$1.0B
GlaxoSmithKline plc / Theravance, Inc.2012$213M82
GlaxoSmithKline plc / Tesaro Inc.2018$5.1B79
GlaxoSmithKline plc / Pfizer Inc. (Consumer Healthcare Division)2018$12.7B76
GlaxoSmithKline plc / Novartis Consumer Healthcare JV2018$13.0B74
GlaxoSmithKline plc / ID Biomedical Corporation2005$1.4B64
GlaxoSmithKline plc / Vir Biotechnology Inc.2020$595M51

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