GSK acquires RAPT Therapeutics and restructures ViiV Healthcare partnership

GSK acquires RAPT Therapeutics for $2.2 billion to secure a new food allergy drug. The firm also retains its majority stake in ViiV as Pfizer exits the venture.

Insights:
GSK plc announced on Tuesday, January 20, 2026, a definitive agreement to acquire RAPT Therapeutics Inc , a biotechnology firm based in the United States USUS, for a total value of $2.2 billion. The United Kingdom GBGBheadquartered pharmaceutical leader will pay $58.00 per share for the acquisition, which includes an upfront investment of $1.9 billion. This strategic move is intended to bolster the respiratory, immunology, and inflammation portfolio of GSK plc.
FILE PHOTO: GSK (GlaxoSmithKline) logo is seen in this illustration, August 10, 2022. REUTERS/Dado Ruvic/File Photo
FILE PHOTO: GSK (GlaxoSmithKline) logo is seen in this illustration, August 10, 2022. REUTERS/Dado Ruvic/File Photo
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