GSK to acquire RAPT

Country

United Kingdom

GSK Plc has reach an agreement to acquire US-based RAPT Therapeutics Inc for $2.2 billion, strengthening its position in the field of medicines for inflammatory and immunologic diseases. The US company’s lead product, ozureprubart, is a monoclonal antibody that is being developed as a prophylactic against food allergens. It targets immunoglobulin E (IgE) which is the mode of action of at least one other approved biologic. Other treatments include allergen-specific immunotherapies. The standard of care is avoidance of allergens.