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0.206521739130435 0.23695652173913 0.230217391304348 0.2375 0.23804347826087 0.242608695652174 0.243478260869565 0.247282608695652
Stock impact report

Gilead Sciences to Acquire Arcellx to Maximize Long-term Potential of Anito-cel

Arcellx, Inc. (ACLX) 
Company Research Source: Business Wire
– Builds on Successful 2022 Collaboration on Anito-cel, a Potentially Transformative Treatment for Patients with Multiple Myeloma –– FDA Accepted Anito-cel BLA for the Treatment of Adult Patients with Relapsed/Refractory Multiple Myeloma –– Provides Gilead with Full Control of Anito-cel, Accelerating Development and Commercialization while Eliminating Profit-Share, Milestones, and Royalties – FOSTER CITY, Calif. & REDWOOD CITY, Calif.--(BUSINESS WIRE)--Gilead Sciences, Inc. (Nasdaq: GILD) today announced that it has entered into a definitive agreement to acquire Arcellx (Nasdaq: ACLX) for $115 per share in cash at closing and one contingent value right of $5 per share, which represents an implied equity value of $7.8 billion payable at closing. Arcellx is a biotechnology company focused on delivering a new class of innovative immunotherapies for patients with cancer and other incurable diseases.This press release features multimedia. View the full release here: https://www.business Show less Read more
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