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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