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Gilead Sciences (GILD) entered into a definitive agreement to acquire an oral IL-23R inhibitor program, including lead asset HCXT-2001, from PepStar Therapeutics Limited; deal valued at USD 1.27bln in upfront cash

StockNow breaking-news AI analysis

Gilead reportedly agreed to acquire PepStar’s oral IL-23R inhibitor program, including HCXT-2001, for USD 1.27 billion upfront; no further terms or timeline were found.

News detail

Deal expected to reduce GAAP and non-gaap EPS by USD 0.79-0.83 in Q4 2026.

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