GSK strikes up to $750 million deal for Chimagen blood-cancer therapy

GSK agreed on September 15, 2026, to acquire full global rights to a trispecific T-cell engager from Chimagen Biosciences for up to $750 million, including upfront and milestone payments.

The experimental therapy is being developed for multiple myeloma, an incurable blood cancer. GSK expects the program to enter Phase 1 trials in 2027.

The molecule is designed to bind T cells while simultaneously targeting two tumor-associated antigens. GSK says this could produce deeper, more durable responses and better tolerability than existing T-cell engagers.

The deal expands GSK’s oncology and multiple-myeloma pipeline and builds on its 2024 agreement with Chimagen for CMG1A46, a dual CD19/CD20 T-cell engager.

The therapy remains experimental:
its clinical effectiveness and safety have not yet been established, and the deal’s milestone payments depend on successful development and commercialization.

Sources:

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