Gilead Sciences nears $2 billion Ouro Medicines acquisition - FT

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Gilead Sciences is reportedly nearing a deal to acquire Ouro Medicines, a biotech focused on autoimmune diseases, for up to $2 billion. The potential acquisition, which includes an upfront cash payment and contingent milestones, aligns with Gilead’s strategy for a dealmaking spree. Both companies are in advanced stages of discussion, with an announcement possible in the coming days.

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