GSK Acquires BELLUS Health

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This arrangement was approved by the shareholders at BELLUS on June 16, 2023, according to a company press release.

GSK announced on June 28, 2023 that it has completed the acquisition of BELLUS Health, a late-stage Candian biopharmaceutical company, through a plan of arrangement in accordance with Section 192 of the Canada Business Corporations Act. This arrangement was approved by the shareholders at BELLUS on June 16, 2023, according to a company press release.

The acquisition of BELLUS includes camlipixant, a potential best-in-class and highly selective P2X3 antagonist currently in Phase II development for the first-line treatment of adult patients with refractory chronic cough (RCC). Further, BELLUS has announced the cancellation of its annual shareholder meeting, which was scheduled for June 30, 2023.

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“The acquisition of BELLUS is highly synergistic with GSK’s expertise in respiratory medicines and is further supported by GSK’s leading R&D, manufacturing, and commercialization capabilities,” said Luke Miels, chief commercial officer, GSK, in the press release. “We are now focused on progressing camlipixant through Phase III trials to offer a therapeutic option for RCC patients as soon as possible.”

Source: GSK