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Stock impact report

GSK acquires Elsie to unlock oligonucleotide therapeutics [Yahoo! Finance]

Haleon plc American Depositary Shares (Each representing two Ordinary Shares) (HLN) 
Company Research Source: Yahoo! Finance
Elsie Biotechnologies has been at the forefront of oligonucleotide therapeutic development, focusing on increasing potency, reducing toxicity, and optimising delivery to harness the potential of the modality fully. The acquisition is set to enhance GSK's research and development (R&D) in gene modulation. Elsie Biotechnologies offers technologies that can modulate gene expression. This feature is particularly valuable for targeting therapeutic areas that are not responsive to traditional small-molecule drugs or biologics. The integration of Elsie's technologies for the discovery, synthesis and delivery of oligonucleotide into GSK's R&D framework is expected to advance the company's platform capabilities significantly. The move follows a successful initial partnership between the two companies which began in July 2023 and allowed GSK to assess and validate Elsie's technology. GSK's use of AI and machine learning, combined with data from Elsie's platform, aims to develop pre Show less Read more
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