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Gilead Sciences to acquire MacroGenics for $1.7B

PUBLIC · GILDMay 19, 2026

Acquiring Company

Gilead Sciences

Acquired Company

MacroGenics

Foster CityRockvilleBiotechnologyHealth CareTherapeuticsBiopharmaManufacturingBiotechnologyHealth CareTherapeuticsPharmaceuticalBiopharma

Description

Gilead Sciences has agreed to acquire MacroGenics in an all-cash transaction valued at approximately $1.7 billion. This acquisition follows the FDA approval of MacroGenics' cancer drug Vyloy, which targets Merkel cell carcinoma. The deal aims to integrate MacroGenics' capabilities into Gilead’s existing oncology portfolio. The transaction highlights a strategic focus on expanding Gilead's offerings in solid tumors.

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Company Information

Company

Gilead Sciences

Location

333 Lakeside Dr

Foster City, California, United States

About

Gilead Sciences, Inc. is a biopharmaceutical company that has pursued and achieved breakthroughs in medicine for more than three decades, with the goal of creating a healthier world for all people. The company is committed to advancing innovative medicines to prevent and treat life-threatening diseases, including HIV, viral hepatitis, cancer and inflammation. Gilead operates in more than 35 countries worldwide, with headquarters in Foster City, California.

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Frequently asked

Who acquired MacroGenics?

MacroGenics was acquired by Gilead Sciences, based in Foster City. The deal was reported on May 19, 2026. Gilead Sciences, Inc. is a biopharmaceutical company that has pursued and achieved breakthroughs in medicine for more than three decades, with the goal of creating a healthier world for all people. Gilead Sciences is publicly traded (GILD) and operates in Biotechnology.

When did Gilead Sciences acquire MacroGenics?

Gilead Sciences's acquisition of MacroGenics was reported on May 19, 2026. Gilead Sciences has agreed to acquire MacroGenics in an all-cash transaction valued at approximately $1.7 billion. This acquisition follows the FDA approval of MacroGenics' cancer drug Vyloy, which targets Merkel cell carcinoma. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does MacroGenics do?

MacroGenics, Inc. is a biopharmaceutical company focused on discovering, developing, manufacturing, and commercializing innovative antibody-based therapeutics for the treatment of cancer. It is publicly traded (MGNX), operating in Manufacturing, and is based in Rockville.

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