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Incyte

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Incyte to Expand Hematology Portfolio with Vega Therapeutics Acquisition
business1 month ago

Incyte to Expand Hematology Portfolio with Vega Therapeutics Acquisition

Incyte announced a definitive agreement to acquire Vega Therapeutics, a Star Therapeutics subsidiary, for $1.25 billion, with potential additional payments up to $750 million and total up to $2.0 billion. The deal adds VGA039, a Phase 3 monoclonal antibody targeting Protein S to improve hemostasis in von Willebrand disease (VWD), which could become a subcutaneous prophylactic therapy. Closing is expected in Q3 2026, subject to regulatory reviews, and will incur an approximate $1.25 billion R&D charge in 2026. Star Therapeutics could receive milestone-based payments, while Incyte aims to strengthen its hematology growth drivers with this first‑in‑class asset.

Incyte near $2bn bid for Star Therapeutics to bolster blood-disorder pipeline
business1 month ago

Incyte near $2bn bid for Star Therapeutics to bolster blood-disorder pipeline

US biotech Incyte is close to an up-to-$2 billion deal to acquire Star Therapeutics, paying $1.25 billion upfront and up to $750 million in milestones for Star’s lead VGA039 antibody for von Willebrand disease, in late-stage trials. The acquisition would mark the first deal under new CEO Bill Meury as Incyte seeks to strengthen its pipeline ahead of Jakafi’s 2028 patent expiry, amid rising M&A activity among midsized biotechs.