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Why a U.K. pharma giant is paying a 40% premium to pivot back to oncology

Why a U.K. pharma giant is paying a 40% premium to pivot back to oncology
MarketWatch Tuesday 09 June 2026, 08:39 UTC By Steve Goldstein 1 min read
Key Points

U.K. pharmaceutical giant GSK on Tuesday struck a $10.6 billion deal to buy U.S.-listed biotech company Nuvalent, its biggest acquisition in eight years as it seeks to bolster the cancer portfolio it had previously trimmed.

U.K. pharmaceutical giant GSK on Tuesday struck a $10.6 billion deal to buy U.S.-listed biotech company Nuvalent, its biggest acquisition in eight years as it seeks to bolster the cancer portfolio it had previously trimmed.
U.K. (LOCATION) GSK (ORG) Nuvalent (ORG)
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