Gilead Sciences to Acquire Arcellx to Maximize Long-Term Potential of Anito-cel

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Gilead Sciences announced its acquisition of Arcellx for $115 per share in cash plus a contingent value right, totaling an implied equity value of $7.8 billion at closing. This acquisition aims to gain full control of anito-cel, an investigational CAR T-cell therapy for multiple myeloma which has shown promising clinical results and had its Biologics License Application accepted by the FDA. The deal is expected to accelerate anito-cel’s development and commercialization, remove profit-sharing obligations, and enhance Gilead’s oncology pipeline with Arcellx’s D-Domain CAR technology.

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