GSK Acquires Elsie Biotechnologies for up to $50M

GlaxoSmithKline Acquires Sierra Oncology for $1.9bn

April 13, 2022

Biotechnology

GlaxoSmithKline plc (GSK) has agreed to acquire late-stage biopharmaceutical company Sierra Oncology for $55 per share in cash, representing an approximate equity value of $1.9 billion. The acquisition, expected to close in Q3 2022 subject to customary approvals, brings momelotinib — a late-stage JAK/ACVR1 inhibitor with demonstrated benefit on symptoms, splenic response and anaemia in myelofibrosis — into GSK's haematology portfolio to strengthen its specialty medicines capability and global commercial reach.

GSK Acquires Aiolos Bio for Up to $1.4 Billion

January 9, 2024

Biotechnology

GSK will acquire clinical-stage biopharmaceutical company Aiolos Bio for $1 billion upfront and up to $400 million in regulatory milestone payments, gaining access to AIO-001, a long-acting anti-TSLP monoclonal antibody advancing into Phase II for asthma. The deal expands GSK's respiratory biologics pipeline with a potential best-in-class therapy that may offer dosing as infrequently as every six months.

GSK Acquires BELLUS Health

April 18, 2023

Biotechnology

GSK plc agreed to acquire Canada-based late-stage biopharmaceutical company BELLUS Health for US$14.75 per share, representing an approximate total equity value of US$2.0 billion. The acquisition gives GSK access to camlipixant, a Phase III P2X3 antagonist for refractory chronic cough, and is expected to close in Q3 2023 subject to approvals.

Gilead Sciences Acquires MiroBio

September 20, 2022

Biotechnology

Gilead Sciences completed the acquisition of U.K.-based biotechnology company MiroBio for approximately $405 million in cash. The deal gives Gilead MiroBio's discovery platform and portfolio of immune inhibitory receptor agonists, including lead investigational antibody MB272, which is in Phase 1 clinical trials.

Eli Lilly Acquires Sigilon Therapeutics

June 29, 2023

Biotechnology

Eli Lilly agreed to acquire Sigilon Therapeutics in a cash tender offer valuing the biotech at roughly $34.6 million up front plus contingent value rights that could increase total consideration to about $309.6 million. The acquisition brings Sigilon's encapsulated cell therapy platform (including SIG-002 for type 1 diabetes) into Lilly's diabetes and cell-therapy R&D efforts to accelerate development and potential commercialization.

Biogen Acquires Human Immunology Biosciences for up to $1.8B

May 22, 2024

Biotechnology

Biogen Inc. has agreed to acquire Human Immunology Biosciences (HI-Bio) for $1.15 billion upfront and up to $650 million in milestone payments, in a deal valued at up to $1.8 billion. The acquisition adds HI-Bio's lead asset felzartamab, an investigational anti-CD38 antibody with Phase 2 data in multiple renal immune-mediated diseases, to Biogen's immunology and rare-disease development capabilities.