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UK’s GSK to Buy US-Based Cancer Drugmaker Nuvalent for $10.6 Billion

June ⁠9 (Reuters) – ⁠British drugmaker ⁠GSK on ​Tuesday ‌agreed to ‌acquire ⁠U.S.-listed cancer ⁠drug developer Nuvalent ​for $10.6 billion to ​boost its ⁠lung cancer ⁠portfolio.

The ⁠all-cash deal ​values Nuvalent at ​approximately $124 ⁠per ⁠share, a 40% premium to ⁠its last closing price.

(Reporting by DhanushVignesh Babu and ⁠Yadarisa Shabong in Bengaluru; Editing ​by Mrigank ​Dhaniwala)

Copyright 2026 Thomson Reuters.

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