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Story summary
- GSK will acquire RAPT Therapeutics for $2.2 billion, paying $58 per share, a 65% premium over RAPT's recent closing price.
- The acquisition includes ozureprubart, a monoclonal antibody in phase IIb trials for food allergies, which offers less frequent dosing every 12 weeks.
- This deal allows GSK to enhance its portfolio in respiratory and immunology sectors, addressing the needs of over 17 million people in the U.S. with food allergies.
- The acquisition is expected to close in the first quarter of 2026.
