GSK to Acquire BELLUS Health for $2.0 Billion
April 18, 2023
GSK plc entered into an agreement to acquire BELLUS Health Inc. in a cash deal valued at approximately US$2.0 billion (US$14.75 per share). The acquisition is intended to give GSK access to camlipixant, a late-stage (phase III) highly selective P2X3 antagonist for refractory chronic cough, with anticipated regulatory approval and launch in 2026 and expected EPS accretion from 2027.
- Buyers
- GSK plc
- Targets
- BELLUS Health Inc.
- Industry
- Biotechnology
- Location
- Quebec, Canada
- Transaction Type
- Buyout
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