Iron overload treatment leads Shire to acquire FerroKin

03/15/2012 | Fox Business · Xconomy

FerroKin's lead drug candidate, FBS0701, is in midstage clinical trials to treat iron overload in people who have received multiple blood transfusions. Shire said it will buy the biotech firm as part of an effort to expand its hematology business. Shire agreed to pay $100 million in cash, plus as much as $225 million in milestone payments.

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Fox Business · Xconomy

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