M&A
Gilead pays $3.15B upfront for Tubulis — a fast-moving ADC bet in solid tumors
Gilead is buying Munich-based Tubulis for $3.15B upfront plus up to $1.85B in milestones, leaning even harder into antibody–drug conjugates (ADCs). The anchor asset is TUB-040, a NaPi2b-directed topoisomerase‑I inhibitor ADC in phase 1b/2 for platinum‑resistant ovarian cancer and NSCLC. Tubulis reported a 59% overall response rate in PROC last year and has been outlining a quick path toward pivotal trials. The implication: Gilead wants not just “an ADC,” but an ADC platform it believes can widen the therapeutic window — and it’s willing to pay for speed.
Source: Fierce Biotech