Pharma BD Deal Intelligence

Gilead Sciences Inc. / Tibotec Pharmaceuticals (Janssen)

2011 · Co-Development · Complete

A slow-burn win: Gilead and Tibotec's 2011 co-development of a Prezista-cobicistat-emtricitabine-GS 7340 single-tablet HIV regimen paid off with Symtuza's FDA approval on 17 July 2018, though financial terms of the original pact were never disclosed.

Outcome grade pending — assessed 5 years post-close.

Full analysis, sources & comparables →

The coverage arc

Jun 28, 2011 BioSpace Bullish

Tibotec: "We are excited to be able to study and develop PREZISTA with an alternative boosting agent in a combination product which has the potential to reduce…

Nov 16, 2011 POZ Bullish

POZ characterized the partnership as the first PI-containing complete STR program — meaningful progress on pill-burden reduction, made viable by GS…

Jul 17, 2018 Drugs.com FDA Approval History Bullish

FDA approval of Symtuza on 17 July 2018 confirmed the 2011 Gilead-Tibotec STR program delivered the first and only complete darunavir-based single-tablet…

Source summaries from our enrichment pipeline; follow links for originals.

All 7 sources with sentiment breakdown →

Gilead and Tibotec (J&J) finalized a co-development agreement for a single-tablet HIV regimen pairing Prezista with cobicistat, emtricitabine and GS 7340 (later TAF). Financial terms not disclosed; strategically significant HIV combo deal.

Did it work? Outcome assessment

Strategic verdict
Achieved Stated Rationale
Financial impact
Accretive
This was a licensing/co-development agreement, not an acquisition, so there was no integration of a business unit. Gilead licensed its boosting agent cobicistat to Tibotec (Janssen) to combine with darunavir (Prezista). The collaboration delivered marketed products: the cobicistat-boosted darunavir fixed-dose combination (Prezcobix in the US, Rezolsta in the EU) and ultimately the four-drug single-tablet regimen darunavir/cobicistat/emtricitabine/tenofovir alafenamide (Symtuz
Pipeline outcome
Assets Advanced
The cobicistat/darunavir fixed-dose combination reached market as Prezcobix/Rezolsta, and the broader single-tablet regimen program combining Prezista with Emtriva, cobicistat and GS-7340 (tenofovir alafenamide) advanced to the approved Symtuza regimen - delivering on both the initial FDC and the follow-on STR objectives of the deal.

Key facts

Disease & market context

HIV-1 Infection

32K US cases/yr

Disease Overview

HIV-1 is a chronic retroviral infection that depletes CD4 T-cells and progresses to AIDS without treatment. Modern combination antiretroviral therapy (cART) suppresses viral replication and approaches normal life expectancy, but lifelong daily adherence is required, which makes pill-burden reduction and once-daily single-tablet regimens (STRs) the central commercial battleground.

Competitive Landscape

At deal time (mid-2011), the STR market was dominated by Gilead's Atripla (efavirenz/FTC/TDF, Q1'11 sales $744.5M; https://www.genengnews.com/news/tibotec-and-gilead-partner-to-combine-hiv-1-drugs-into-single-tablet-formulation/), with Complera (rilpivirine/FTC/TDF) just FDA-approved in August 2011 and the Quad/Stribild (elvitegravir/cobi/FTC/TDF) in late-stage development. Janssen/Tibotec held the leading boosted protease inhibitor franchise with Prezista (darunavir) but had no STR vehicle. The Gilead-Tibotec co-development paired Prezista with cobicistat (Gilead's ritonavir-replacement boosting agent), emtricitabine, and GS 7340 — the lower-dose, more efficacious tenofovir prodrug later branded TAF. Strategically, this deal was the first PI-containing STR program ever, expanding STR positioning beyond NNRTI- and INSTI-anchored regimens and protecting Janssen's darunavir franchise from generic and INSTI erosion. The program ultimately delivered Symtuza (D/C/F/TAF), FDA-approved 17 July 2018. Competing PI-based regimens at launch included Reyataz (atazanavir, BMS) and the Kaletra family (lopinavir/ritonavir, AbbVie), neither single-tablet. Symtuza became the only complete darunavir STR, materially extending the commercial life of Prezista and locking Gilead's TAF/cobicistat backbone into the PI segment.

Related deals — scored

DealYearValueOutcome
Gilead Sciences Inc. / Tibotec Pharmaceuticals (Janssen) (this deal)2011
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

Compare all 7 side-by-side →

See the full interactive analysis, sources & comparables →