Pharma BD Deal Intelligence

GSK plc / Sierra Oncology Inc.

2022 · Acquisition/Merger · $1.9B · Complete

CALLED IT — OFF BY 18
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GSK acquired late-stage biopharmaceutical company Sierra Oncology for $1.9 billion ($55.00 per share, all-cash), announced 13 April 2022 and completed 29 July 2022. The strategic asset was momelotinib, an oral once-daily JAK1/JAK2 and ACVR1 inhibitor for myelofibrosis. The FDA approved momelotinib as Ojjaara on 15 September 2023 with a broader-than-expected label - the first and only therapy indicated for myelofibrosis patients with anaemia, regardless of prior therapy - supported by the Phase 3 MOMENTUM and SIMPLIFY-1 trials. The deal has largely validated: Ojjaara/Omjjara generated £554m in global sales in FY2025, up roughly 60% year over year, competing against Jakafi and differentiated by its anaemia benefit via ACVR1-mediated hepcidin suppression.

Key facts

Related deals — scored

DealYearValueOutcome
GSK plc / Sierra Oncology Inc. (this deal)2022$1.9B70
GSK plc / SmithKline Beecham2000$12.0B79
GSK plc / Pfizer Inc.2018$0.0M77
GSK plc / Novartis AG2014$16.0B76
GSK plc / Hansoh Pharmaceutical Group Co. Ltd.2023$1.7B74
GSK plc / Nuvalent, Inc.2026$10.6B70
GSK plc / Human Genome Sciences2012$3.6B70

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