Pharma firm Gilead to raise Galapagos stake in $5.1 billion deal

July 14, 2019 admin Business News Comments Off on Pharma firm Gilead to raise Galapagos stake in $5.1 billion deal

Gilead Sciences Inc will invest $5.1 billion to increase its stake in Galapagos NV and partner with the Belgian-Dutch biotech firm to develop and commercialize its treatments for a ten-year period, the companies said on Sunday.

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Source:: Reuters – Business News