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GSK to acquire ChImagen for $750 million

PUBLIC · GSKOct 03, 2026

Acquiring Company

GSK plc

Acquired Company

ChImagen Biosciences

PhiladelphiaBeratManufacturingBiotechnologyHealth CarePharmaceuticalBiotechnologyHealth CareTherapeutics

Description

GSK plc has announced its agreement to acquire a trispecific T-cell engager from ChImagen Biosciences. The agreement includes full global rights to the program, with a total potential value of up to $750 million. GSK plans to develop and commercialize the asset for treatment in multiple myeloma, targeting Phase I trials in 2027.

Company Information

Company

GSK plc

Location

Philadelphia, Pennsylvania, United States

About

GSK plc is a global healthcare company that researches and develops innovative pharmaceutical products, including vaccines. The company is dedicated to improving the quality of human life by enabling people to do more, feel better, and live longer. GSK focuses on a range of health needs, including respiratory diseases, and has a commitment to develop life-saving medications and preventative treatments.

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Frequently asked

Who acquired ChImagen Biosciences?

ChImagen Biosciences was acquired by GSK plc, based in Philadelphia. The deal was reported on October 3, 2026. GSK plc is a global healthcare company that researches and develops innovative pharmaceutical products, including vaccines. GSK plc is publicly traded (GSK) and operates in Manufacturing.

When did GSK plc acquire ChImagen Biosciences?

GSK plc's acquisition of ChImagen Biosciences was reported on October 3, 2026. GSK plc has announced its agreement to acquire a trispecific T-cell engager from ChImagen Biosciences. The agreement includes full global rights to the program, with a total potential value of up to $750 million. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does ChImagen Biosciences do?

ChImagen Biosciences specializes in developing novel therapeutics for various diseases, including multiple myeloma. Their innovative approaches focus on using advanced biotherapeutic platforms. It is privately held, operating in Biotechnology, and is based in Berat.

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