Deerfield Management Announces Portfolio Company Nuvalent, Inc. to be Acquired by GSK

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.

Operazione da 10,6 mld di dollari con il lancio di un'Opa

British pharmaceutical giant GSK has announced a massive $10.6 billion deal to acquire Nuvalent. This Boston-based company specializes in cancer treatments. The acquisition…