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GSK Bets Big on Allergy Cure

Summary

  • GSK acquired RAPT Therapeutics for $2.2 billion.
  • A new drug, ozureprubart, targets severe food allergies.
  • Potential blockbuster drug could launch by 2031.
GSK Bets Big on Allergy Cure

GSK has announced a significant $2.2 billion acquisition of RAPT Therapeutics, a US-based biotech firm. This strategic move bolsters GSK's pipeline with ozureprubart (Ozu), a promising drug designed to combat severe food allergies.

Ozureprubart is an innovative, long-acting therapy currently in mid-stage clinical trials. It targets IgE, a crucial component in triggering allergic reactions to common foods like nuts, milk, and eggs.

Data from ongoing trials are anticipated next year, with large-scale studies planned for the second half of 2027. If successful, ozureprubart could be available by 2031, potentially generating over $1 billion annually for GSK.

This new treatment offers a significant advantage over existing therapies, which often involve burdensome injections every two to four weeks. Ozureprubart is administered quarterly, providing a much-needed option for many patients, including those ineligible for current treatments.

The acquisition grants GSK global rights to ozureprubart, excluding mainland China and its associated regions. This deal marks a major step for GSK's new leadership in addressing a critical unmet medical need.

Disclaimer: This story has been auto-aggregated and auto-summarised by a computer program. This story has not been edited or created by the Feedzop team.

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