Pharma BD Deal Intelligence

Gilead Sciences Inc. / Galapagos NV

2019 · Licensing/Option · $5.1B · Complete

WRONG BY 50 POINTS
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Jul 15, 2019 CNBC Neutral

Gilead deepens Galapagos ties with $5.1 billion deal, including $3.95 billion upfront and $1.1 billion equity investment to raise its stake to 22%.

Dec 10, 2023 Galapagos NV Bullish

Gilead and Galapagos enter a transformative 10-year, $5.1 billion R&D collaboration, with Gilead investing $3.95 billion in equity and paying $1.1 billion in…

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Gilead invested $5.1 billion to deepen its collaboration with Galapagos, comprising a $3.95 billion upfront payment and a $1.1 billion equity investment (raising its stake from 12.3% to 22%). The 10-year agreement gave Gilead access to six clinical-phase assets, 20 preclinical programs, and option rights on all future Galapagos pipeline programs. For filgotinib specifically, Galapagos gained greater involvement in global strategy and European commercialization, with costs shared 50:50 (replacing the prior 80:20 split).

Key facts

Related deals — scored

DealYearValueOutcome
Gilead Sciences Inc. / Galapagos NV (this deal)2019$5.1B25
Gilead Sciences Inc. / Pharmasset Inc.2011$11.2B98
Gilead Sciences Inc. / Triangle Pharmaceuticals Inc.2002$464M96
Gilead Sciences Inc. / CymaBay Therapeutics2024$4.4B76
Gilead Sciences Inc. / Nurix Therapeutics Inc.2019$2.3B69
Gilead Sciences Inc. / Immunomedics Inc.2020$21.0B68
Gilead Sciences Inc. / Kite Pharma, Inc.2017$11.9B67

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