Gilead Sciences to acquire Arcellx for 7.8 billion dollars

Gilead Sciences announced on Monday that it will acquire cancer drug developer Arcellx. The deal features an implied equity value of 7.8 billion dollars.

Insights:
Gilead Sciences, Inc. announced today, February 23, 2026, that it will acquire Arcellx, Inc. for an implied equity value of $7.8 billion. This transaction represents a large-scale corporate acquisition in the cancer drug development (oncology) sector, marking a significant expansion for Gilead and a material company-level action for both entities involved.
Gilead logo and rising stock graph are seen in this illustration taken August 5, 2025. REUTERS/Dado Ruvic/Illustration
Gilead logo and rising stock graph are seen in this illustration taken August 5, 2025. REUTERS/Dado Ruvic/Illustration
IUX24

IUX24 AI-powered financial news and market intelligence. Think and act like smart money.

IFZA Properties, Dubai Silicon Oasis, DSO-IFZA, Dubai, United Arab Emirates

Copyright IUX24 MEDIA - FZCO. All rights reserved.

Powered by AI • Made with precision

IUX24 is an information and analytics platform providing news, market data, analytical tools, and AI-powered features for informational and educational purposes. The Services and information provided do not constitute investment advice, trading signals, or brokerage services. Investing involves risk, and Users should carefully evaluate information before making investment decisions.