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Gilead to Acquire Tubulis for Up to $5 Billion to Expand Cancer Drug Pipeline

Quiver Data Analyst

Gilead Sciences ($GILD) said Tuesday it will acquire Germany-based Tubulis GmbH for up to $5 billion, including $3.15 billion upfront and up to $1.85 billion in milestone payments, as the company expands its oncology pipeline with antibody-drug conjugates.

  • The deal includes Tubulis’ ADC platform and pipeline of experimental cancer therapies.
  • Lead candidate TUB-040 is in early-stage development for ovarian cancer and non-small cell lung cancer.
  • TUB-030 is being studied across multiple solid tumor types.
  • The transaction is expected to close in the second quarter of 2026.
  • Tubulis will operate as an ADC research organization within Gilead after closing.
  • Tubulis has an existing partnership with Bristol-Myers Squibb ($BMY).

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Editor’s Note: This is a developing story. This article may be updated as more detail

About the Author

Matthew Kerr is a data analyst at Quiver Quantitative, with a focus on single-stock research and government datasets. Prior to joining Quiver, Matthew was an analyst intern at BlackRock.

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