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Evening Standard
Evening Standard
Science
Anna Wise

GSK acquiring firm developing food allergy treatment in £1.6bn deal

GSK Allergy London
GSK has agreed to buy a pharmaceutical firm that is developing treatment for people with food allergies (GSK/PA) -

GSK has agreed to buy a pharmaceutical firm that is developing treatment for people with food allergies in a deal valued at 2.2 billion US dollars (£1.6 billion).

The London-listed company said the acquisition of Rapt Therapeutics includes ozureprubart, an antibody currently in phase two clinical development for prophylactic protection against food allergens.

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