
Trubion Pharmaceutical Completed acquisition by Emergent BioSolutions
On Oct. 28, 2010, Emergent BioSolutions announced that it had completed the acquisition of Trubion Pharmaceuticals, Inc., following a majority vote to approve the merger by Trubion stockholders at a special meeting conducted at Trubion’s Seattle headquarters. The acquisition provides Emergent with multiple, advanced stage candidates in the key disease areas of oncology and autoimmunity as well as access to novel and versatile protein therapeutic platforms. Trubion’s platforms have been designed to address the limitations of monoclonal antibodies and complement Emergent’s existing antibody therapeutic capabilities.
Emergent will maintain research facilities in Seattle, Washington and the location will become a therapeutics-focused product development site.
Emergent BioSolutions is a global biopharmaceutical company focused on the development, manufacture and commercialization of vaccines and antibody therapies that assist the body’s immune system to prevent or treat disease. Emergent’s marketed and investigational products target infectious diseases, oncology, and autoimmune disorders.
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Source: Emergent BioSolutions
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