Monday, August 28, 2017

Gilead-Kite: A Breakthrough. A $12 Billion Deal. Another Expensive Drug

Gilead Sciences, the leading maker of drugs for HIV and hepatitis C, is making a gutsy move into the cutting edge of cancer treatment, spending $11.9 billion in cash to buy Kite Pharma, developer of a treatment that attacks tumors by genetically modifying patients’ own white blood cells.

from Forbes Real Time //www.forbes.com/sites/matthewherper/2017/08/28/gilead-kite-a-breakthrough-a-12-billion-deal-another-expensive-drug/
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