GSK is buying Nuvalent, the maker of targeted cancer drugs, for $10.6 billion, a sizable addition to the latest run of biopharma acquisitions.

Le géant pharmaceutique britannique GSK a annoncé mardi un accord pour acquérir la société biopharmaceutique américaine Nuvalent, spécialisée dans le développement de thérapies…

The deal comes at a time of biotech dealmaking frenzy, driven by looming patent cliffs, newly buoyant public markets and drugmakers' race to bolster pipelines.

GSK is in negotiations to acquire cancer biotech Nuvalent for over $9 billion amid a surge in biotech mergers.

The acquisition is thought to be GSK’s biggest deal in more than a decade.