Pharma Deals Review, Vol 2020, No 6 (2020)

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Gilead Continues Oncology Spree with US$2.2 B Arcus Deal

Michelle Liu

Abstract


In a bid to build on its growing immuno-oncology presence, Gilead Sciences has formed a 10-year partnership with Arcus Biosciences to jointly develop and commercialise all current and future therapeutic product candidates in Arcus’s pipeline in exchange for US$375 M upfront. With the deal, Gilead gains access to Arcus’s anti-PD-1 antibody, zimberelimab, and opt-in rights to the company’s other clinical candidates. The deal follows similar terms to the paradigm-shifting deal Gilead signed with Galapagos in July 2019, and grants Arcus the opportunity to grow independently while drawing on the resources, capital and expertise of Gilead.

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