Pull to refresh
Logo
Daily Brief
Following
Why Ranks Sign Up
Nuvalent

Nuvalent

Biotechnology company

Appears in 1 story

Stories

GSK buys cancer drugmaker Nuvalent for $10.6 billion

Money Moves

Acquisition target

GSK agreed to pay $10.6 billion in cash for Nuvalent, a Cambridge, Massachusetts biotech with two lung cancer drugs awaiting U.S. approval. At $124 a share, the price is about 40% above where Nuvalent traded before the deal. It is GSK's biggest acquisition in more than a decade.

Updated 2 hours ago