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United States $21 Billion Biopharmaceutical Company Incyte Buys United States Clinical-Stage Blood Disorder Biotechnology Company Vega Therapeutics for $2 Billion ($1.25 Billion Upfront & $750 Million Contingents) from United States Biotechnology Firm Star Therapeutics in All-Cash Deal, Vega Therapeutics Founded in 2018 by Sandip Panicker & Adam Rosenthal as Independent Research Project (Star Therapeutics) 

11th June 2026 | Hong Kong

United States biopharmaceutical company Incyte ($21.3 billion market value) has announced to buy United States clinical-stage blood disorder biotechnology company Vega Therapeutics for $2 billion ($1.25 billion upfront & $750 million contingents) in all-cash deal from United States biotechnology firm Star Therapeutics.  Vega Therapeutics was founded in 2018 by Sandip Panicker & Adam Rosenthal as an independent research project (Star Therapeutics).  Vega Therapeutics – Vega Therapeutics is a clinical stage biotechnology company developing novel, first-in-class therapies for rare blood disorders with overlooked patient needs, starting with von Willebrand disease (VWD). The company’s lead product candidate, VGA039, is the first purpose-built antibody therapy for VWD with a novel mechanism of action targeting Protein S. By attenuating Protein S cofactor function for tissue factor pathway inhibitor α (TFPIα) and activated protein C (aPC), VGA039 augments and restores thrombin generation during both initiation and propagation of coagulation, addressing a fundamental mechanism of clot formation in VWD. VGA039 has potential to be a universal hemostatic therapy that can treat various bleeding disorders. Incyte – Incyte is redefining what’s possible in biopharmaceutical innovation. Through deep scientific expertise and a relentless focus on patients, we have built an established portfolio of first-in-class medicines and an extensive portfolio of next-generation medicines across our key franchises: Hematology, Oncology and Inflammation & Autoimmunity. Star Therapeutics – Star Therapeutics is a biotechnology company focused on the discovery and development of life-changing therapies for diseases with significant unmet need. Star Therapeutics’ team has invented four first-in-class antibody therapies, including the first approved drug (Enjaymo®) for cold agglutinin disease, and three other therapies that are each in Phase 3 development.

“ United States $21 Billion Biopharmaceutical Company Incyte Buys United States Clinical-Stage Blood Disorder Biotechnology Company Vega Therapeutics for $2 Billion ($1.25 Billion Upfront & $750 Million Contingents) from United States Biotechnology Firm Star Therapeutics in All-Cash Deal, Vega Therapeutics Founded in 2018 by Sandip Panicker & Adam Rosenthal as Independent Research Project (Star Therapeutics)  “

 



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United States $21 Billion Biopharmaceutical Company Incyte Buys United States Clinical-Stage Blood Disorder Biotechnology Company Vega Therapeutics for $2 Billion ($1.25 Billion Upfront & $750 Million Contingents) from United States Biotechnology Firm Star Therapeutics in All-Cash Deal, Vega Therapeutics Founded in 2018 by Sandip Panicker & Adam Rosenthal as Independent Research Project (Star Therapeutics) 

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