Gilead Sciences Announces Acquisition of Arcellx to Advance Long-Term Growth of Anito-cel
Gilead Sciences announced a definitive agreement to acquire Arcellx, a clinical-stage biotechnology company, in a strategic move to strengthen its leadership in cell therapy and oncology innovation. The acquisition builds on an existing collaboration between the two companies focused on anito-cel (anitocabtagene autoleucel), a next-generation BCMA-directed CAR-T therapy being developed for patients with relapsed or refractory multiple myeloma. Under the terms of the transaction, Gilead will acquire all outstanding shares of Arcellx for a cash consideration, along with a contin...