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GSK agrees to acquire Nuvalent for $10.6 bln, expects third-quarter close

( June 9, 2026, 12:31 GMT | Official Statement) -- MLex Summary: London-based GSK agreed to acquire Boston-based Nuvalent, a clinical-stage biopharmaceutical company focused on creating targeted oncology therapies, for $10.6 billion. The deal includes multi-product oncology assets with validated targets that aim to address efficacy and/or tolerability limitations of existing therapies. The deal includes two late-stage, ROS1 (zidesamtinib) and ALK (neladalkib) inhibitors for non-small cell lung cancer (NSCLC) currently under US FDA review for 2026 approval. And it accelerates GSK's entry into lung cancer treatment, providing a platform for expansion with Ris-Rez, GSK's B7-H3 antibody-drug conjugate. Statement follows in full. ...

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