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Gilead Sciences to Acquire Arcellx to Maximize Long-term Potential of Anito-cel
Gilead Sciences announced its definitive agreement to acquire Arcellx for an implied equity value of $7.8 billion, consisting of $115 per share in cash at closing and one contingent value right of $5 per share. This acquisition aims to take full control of anito-cel, a promising BCMA-directed CAR T-cell therapy for multiple myeloma, streamlining its development and commercialization while eliminating previous profit-sharing and milestone payments. The FDA has already accepted the Biologics License Application (BLA) for anito-cel, with an anticipated PDUFA action date of December 23, 2026.