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Gilead Completes $7.8 Billion Acquisition of Arcellx

Aims to maximize the long-term potential of anito-cel, a potentially transformative treatment for patients with multiple myeloma.

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By: Charlie Sternberg

Associate Editor

Gilead Sciences has completed its acquisition of Arcellx, moving to consolidate ownership of an experimental CAR‑T therapy for multiple myeloma as it readies a potential U.S. launch. Under the deal, Gilead paid $115 a share in cash plus a nontransferable $5 contingent value right tied to future sales, valuing Arcellx at about $7.8 billion at closing. The transaction gives Gilead full control of anitocabtagene autoleucel, or anito‑cel, a BCMA‑targeted CAR‑T therapy under regulatory review. ...

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