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-0.00102040816326534 -0.0054421768707483 0.00204081632653057 0.00340136054421761 0.00340136054421761 0.00340136054421761 0.00340136054421761 0.00340136054421761
Stock impact report

Cancer Drug Maker Arcus Surges as Street Touts $10 Billion Opportunity With Gilead [Yahoo! Finance News]

Arcus Biosciences, Inc. (RCUS) 
Last arcus biosciences, inc. earnings: 3/5 04:10 pm Check Earnings Report
) -- Arcus Biosciences Inc., which is working in a category of new cancer medicines estimated to be worth as much $10 billion, nearly doubled after reported that Gilead Sciences Inc. is in talks to buy a stake in the drug developer.An experimental therapy from Arcus known as AB154 is the likely target of Gilead’s interest, Citigroup Inc. analysts led by Mohit Bansal said. The immune checkpoint inhibitor belongs to a category of medicines known as Tigit that target T-cell immunoreceptors; the class could be a $10 billion annual sales opportunity at peak, according to Citi.Tigit medicines are viewed as “the sequel to the PD-1 blockbuster,” Citi’s analysts said in a research note, alluding to Merck & Co. and Bristol-Myers Squibb Co.’s cancer drugs. Merck’s Keytruda generated over $11 billion in revenue last year.Gilead “still has to prove its strength in the oncology space, investors may like this aggressive approach, especially from a company that has long been criticized for lack of d Show less Read more
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