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Gilead Sciences to Acquire Arcellx in Major Cell-Therapy Deal
Gilead Sciences (GILD) has announced its intent to acquire Arcellx in a cash-and-contingent value right (CVR) deal valued at $7.8 billion. This acquisition will give Gilead full control over Arcellx’s lead CAR T therapy, anitocabtagene autoleucel (anito-cel), which recently received FDA acceptance for its Biologics License Application for multiple myeloma treatment. The deal is expected to be earnings-accretive for Gilead from 2028 and strengthen its cell-therapy portfolio.