In this paper, we study the zero‐flux chemotaxis‐system urn:x-wiley:mma:media:mma4707:mma4707-math-0001 where Ω is a bounded and smooth domain of , n≥1, and where , k,μ>0 and α≤1. For any v≥0, the chemotactic sensitivity function is assumed to behave as the prototype χ(v)=χ0/(1+av)2, with a≥0 and χ0>0. We prove that for any nonnegative and sufficiently regular initial data u(x,0), the corresponding initial‐boundary value problem admits a unique global bounded classical solution if α<1; indeed, for α=1, the same conclusion is obtained provided μ is large enough. Finally, we illustrate the range of dynamics present within the chemotaxis system in 1, 2, and 3 dimensions by means of numerical simulations.