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DEALS & FUNDINGApril 7, 2026·5 min read

Gilead Acquires Tubulis for Up to $5B, Building a Munich ADC Hub

Gilead enters a definitive agreement to acquire German biotech Tubulis for $3.15B upfront plus $1.85B in milestones. The deal adds best-in-class ADC linker-payload technology and creates a dedicated Munich R&D hub as the ADC sector surpasses $20B.

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