MedCity News January 20, 2026
Frank Vinluan

Rapt Therapeutics brings to GSK ozureprubart, a long-acting antibody that inhibits the validated immunology target immunoglobulin E (IgE). If GSK is able to bring this drug to the market, it would complete with the blockbuster Genentech and Novartis allergy drug Xolair.

GSK’s presence in immunology and inflammation is heavily oriented around respiratory drugs, but the company been expanding its scope through business deals. The pharmaceutical giant is now adding food allergy through the $2.2 billion acquisition of Rapt Therapeutics, a biotech whose lead program offers potential dosing and efficacy advantages over a blockbuster product marketed by two of GSK’s big pharma peers.

According to financial terms announced Tuesday, GSK will pay $58 in cash for each share of Rapt, which...

Today's Sponsors

Venturous
ZeOmega

Today's Sponsor

Venturous

 
Topics: Biotechnology, Mergers & Acquisitions / JV, Pharma, Pharma / Biotech, Trends
Q&A: New PQA Resource Highlights 40 Projects Targeting Social Determinants of Health
Data Visualization is Broken in Biotech: Q&A with Sunitha Venkat
Biotech investor Cormorant secures $150M for another SPAC deal
The Future of Pharmacovigilance Technology: How AI and Automation Are Redefining Drug Safety
Introducing the Sunday Times Tech 100: Life sciences part 1

Share Article