Glaxo Says Compound in Wine May Fight Aging
news article · 2008
LINK
SUMMARY
New York Times report on GlaxoSmithKline's announced $720 million cash acquisition of Sirtris Pharmaceuticals, at $22.50 per share, an 84% premium over Sirtris's prior closing price; quotes GSK R&D head Moncef Slaoui describing Sirtris's science as 'potentially transformative.' Byline/date/headline corroborated independently against the Nature Biotechnology news item ('GSK moves on Sirtris,' 2 June 2008) and C&EN coverage (28 April 2008), which report identical acquisition terms; the NYT page itself sits behind a metered paywall and was not directly re-fetchable by the automated browser in this authoring session, so this citation rests on cross-corroborated secondary reporting of the same primary announcement rather than a direct fetch of nytimes.com.
NOTES
Establishes the case’s financial-conflict centerpiece: the $720 million sale of the company built directly on David Sinclair’s own laboratory findings, five years after the original 2003 paper and two years before the underlying mechanism was shown to be an assay artifact.