Gyre Therapeutics agrees to acquire Cullgen in $300 million all-stock deal

Reuters

Mar 02

<a href="https://laohu8.com/S/GYRE">Gyre Therapeutics</a> agrees to acquire Cullgen in $300 million all-stock deal

Gyre Therapeutics has agreed to acquire privately held Cullgen in an all-stock deal valued at about $300 million, adding Cullgen’s targeted protein degradation and degrader-antibody conjugate platform and pipeline. Cullgen will become a wholly owned subsidiary, with Cullgen CEO Ying Luo expected to become president and CEO of Gyre, while Gyre interim CEO and executive chairman Ping Zhang will remain executive chairman. The companies expect the transaction to close early in the second quarter of 2026.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Gyre Therapeutics Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202603020800PRIMZONEFULLFEED9663621) on March 02, 2026, and is solely responsible for the information contained therein.

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Cullgen will become a wholly owned subsidiary, with Cullgen CEO Ying Luo expected to become president and CEO of Gyre, while Gyre interim CEO and executive chairman Ping Zhang will remain executive chairman. The companies expect the transaction to close early in the second quarter of 2026.\n      \n\n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Gyre Therapeutics Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. 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