GlaxoSmithKline ($GSK) is preparing to move the granulocyte macrophage colony-stimulating factor (GMCSF) antibody it licensed from MorphoSys (ETR:MOR) into a Phase II trial in osteoarthritis of the hand. The move opens up a new possible indication for the drug, which GSK saw primarily as a treatment for rheumatoid arthritis when it picked it up in a €445 million ($483 million) deal.
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