Pharma BD Deal Intelligence

GSK plc / RAPT Therapeutics, Inc.

2026 · Acquisition/Merger · $2.2B · Complete

GSK entered a definitive agreement to acquire California-based, clinical-stage RAPT Therapeutics for US$58.00 per share in cash, a total value of approximately US$2.2 billion (approximately US$1.9 billion net of cash). The lead asset ozureprubart is a long-acting anti-IgE monoclonal antibody in Phase IIb development for prophylactic protection against food allergens, designed for once-every-12-week dosing. GSK acquires global rights excluding Mainland China, Hong Kong, Macau and Taiwan. The acquisition completed on 3 March 2026.

This deal is too recent to grade. Critic Score and Outcome Score are assigned after the announcement-week coverage settles and, for Outcome, after the 5-year post-close assessment window opens — expected 2031 at the earliest for this deal.

Key facts

Related deals

See the full interactive analysis, sources & comparables →