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Jul 6, 2026M&A

Incyte completes acquisition of Vega Therapeutics from Star Therapeutics

The deal brings VGA039, a Phase 3 antibody for von Willebrand disease, into Incyte's hematology portfolio for $1.25 billion upfront.

Incyte announced on July 6, 2026 that it had completed its acquisition of Vega Therapeutics, Inc., a wholly owned subsidiary of Star Therapeutics LLC.1 The deal brings in VGA039, a novel monoclonal antibody in Phase 3 development for von Willebrand disease (VWD), the most common inherited bleeding disorder.1

Mechanistically, VGA039 acts on Protein S as a way to help restore normal clotting function and reduce bleeding across a range of bleeding disorders.1 The drug is currently being tested in a trial called the "Phase 3 VIVID-6 study (NCT07115004)," a global single-arm cross-over study evaluating the safety and efficacy of subcutaneous VGA039 as prophylaxis for bleeding across all VWD subtypes, including patients with high disease burden.1 If cleared by regulators, Incyte said VGA039 could become the first once-monthly subcutaneous prophylactic option for VWD patients, who currently rely on frequent intravenous infusions.1

The FDA has already granted the compound Breakthrough Therapy, Fast Track, orphan drug and rare pediatric disease designations.1

On deal terms, Incyte acquired all outstanding shares of Vega Therapeutics for $1.25 billion paid upfront,1 and Star Therapeutics could receive up to $750 million more tied to future sales milestones.1 Incyte said it expects to record the acquisition cost as a one-time research and development charge affecting both third-quarter and full-year 2026 results, under GAAP and non-GAAP reporting.1

Advisors on the transaction included Lazard as financial advisor and Goodwin Procter LLP as legal counsel to Incyte,1 while Evercore and Morgan Stanley advised Star Therapeutics, with Fenwick & West LLP serving as its legal counsel.1

Written by readthrough’s AI from the linked primary sources and fact-checked against them automatically before publishing. Not investment advice.