About This Deal

Gilead Sciences acquired Kite Pharma, Inc. for ~$11.9 billion, a transaction announced in August 2017.

Acquired the CAR T-cell therapy pioneer for $180.00 per share in cash, immediately positioning Gilead as a leader in cell therapy and adding lead CAR T candidate axicabtagene ciloleucel (Yescarta).

Acquired the CAR T-cell therapy pioneer for $180.00 per share in cash, immediately positioning Gilead as a leader in cell therapy and adding lead CAR T candidate axicabtagene ciloleucel (Yescarta).

Deal Terms

Acquirer
Gilead Sciences
Target
Kite Pharma, Inc.
Value
~$11.9 billion
Date
August 2017
Type
Full acquisition
Status
Completed

Transaction Details

Announced
August 28, 2017

In Their Words

Gilead Sciences to acquire Kite Pharma for $11.9 billion, immediately positioning Gilead as a leader in cell therapy.

Advisors

Advisory firms were not disclosed for this transaction.

Related Deals & Entities

Sources: Press release ↗

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