The following video is part of our "Motley Fool Conversations" series, in which health-care editor/analyst David Williamson and consumer goods editor/analyst Austin Smith discuss topics across the investing world.

In today's edition, David and Austin discuss Human Genome Sciences' recent rejection of partner GlaxoSmithKline's buyout offer. Big pharma has been on the hunt recently, snapping up assets and restocking pipelines to mitigate the damage from the patent cliff. David and Austin catch viewers up on why HGS is an attractive asset for Glaxo and why HGS management declined a seemingly generous gift to shareholders who are down significantly over the last year.

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This article represents the opinion of the writer, who may disagree with the “official” recommendation position of a Motley Fool premium advisory service. We’re motley! Questioning an investing thesis -- even one of our own -- helps us all think critically about investing and make decisions that help us become smarter, happier, and richer.