Adios, iTeos: Biotech folds weeks after GSK TIGIT termination

iTeos Therapeutics is throwing in the towel. Two weeks after axing its GSK-partnered TIGIT candidate, the biotech has decided to wind down operations, sell its assets and return as much of its $600 million-plus cash pile to investors as possible.

May 28, 2025 - 14:50
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Adios, iTeos: Biotech folds weeks after GSK TIGIT termination
iTeos Therapeutics is throwing in the towel. Two weeks after axing its GSK-partnered TIGIT candidate, the biotech has decided to wind down operations, sell its assets and return as much of its $600 million-plus cash pile to investors as possible.