Gilead to buy Tubulis for USD 3.15 billion upfront, adds next-generation ADC platform

Reuters04-07
<a href="https://laohu8.com/S/GILD">Gilead</a> to buy Tubulis for USD 3.15 billion upfront, adds next-generation ADC platform
  • Gilead reached a deal to buy German antibody-drug conjugate developer Tubulis for USD 3.15 billion in upfront cash.
  • Agreement includes up to USD 1.85 billion in contingent milestone payments.
  • Transaction expected to close in Q2 2026.
  • Deal adds Tubulis lead asset TUB-040, in Phase 1b/2 for platinum-resistant ovarian cancer and non-small cell lung cancer.
  • Tubulis to operate as a dedicated ADC research group within Gilead, with Munich site positioned as ADC innovation hub.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Gilead Sciences Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260406252364) on April 07, 2026, and is solely responsible for the information contained therein.

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment