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Gilead's Kite Subsidiary to Buy Penn Spinout Interius BioTherapeutics

Kite Pharma's $350 million acquisition of Interius BioTherapeutics integrates an off-the-shelf, personalized in vivo CAR T therapy platform to simplify cancer treatment delivery.

Summary by Benzinga
As biotechnology companies increasingly seek innovative approaches to enhance cancer treatment, strategic acquisitions are becoming a key pathway for expanding capabilities and integrating advanced therapeutic platforms. Kite Pharma, a Gilead Sciences Inc. company (NASDAQ:GILD) on Thursday agreed to acquire Interius BioTherapeutics, a privately held biotechnology company developing in vivo CAR therapeutics, for $350 million. The acquisition comp…

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biopharmadive.com broke the news in on Thursday, August 21, 2025.
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