HEALTHSTAT NEWS
STAT+: Pharmalittle: We’re reading about a $10.6 billion GSK deal, an AstraZeneca obesity pill, and more
GSK acquired Nuvalent, a cancer drug developer, in a $10.6 billion deal to expand its oncology portfolio, while Merck and Gilead Sciences reported success in final-stage trials for a once-weekly HIV pill combining their experimental drugs. The GSK acquisition highlights ongoing biopharma industry consolidation as companies bolster pipelines amid generic competition.
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- STAT+: GSK to buy Nuvalent, maker of targeted cancer drugs, for $10.6B
- GSK just announced its biggest purchase in eight years to rev up cancer portfolio it had previously wound down
- GSK to buy US cancer treatment firm Nuvalent for $10.6bn
- GSK to buy US cancer treatment firm Nuvalent for $10.6bn
- GSK in talks to buy cancer biotech Nuvalent for more than $9bn