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Evening Standard
Evening Standard
Holly Williams

GSK to buy US lung cancer drug specialist Nuvalent for £8bn

GSK Nuvalent Cancer Lung Cancer United States Nasdaq
The UK group will pay 124 US dollars a share for Nasdaq-listed Nuvalent (Alamy/PA) -

Pharmaceutical giant GSK has agreed to buy US cancer drug firm Nuvalent in a 10.6 billion US dollar (£8 billion) deal as it looks to expand its cancer treatment offering.

The UK group will pay 124 US dollars (£92.71) a share for Nasdaq-listed Nuvalent, which is based in Cambridge, Massachusetts.

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