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Galapagos NV (GLPG) Signs Agreement with Gilead on Ouro Medicines Assets [Yahoo! Finance]

Gilead Sciences, Inc. (GILD)  More Company Research Source: Yahoo! Finance
Last gilead sciences, inc. earnings: 4/30 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.gilead.com
a binding agreement with Gilead Sciences (NASDAQ:GILD) related to Gilead's planned acquisition of Ouro Medicines, a U.S.-based biotech focused on T cell engager therapies for autoimmune diseases. The deal includes access to Ouro's clinical-stage asset gamgertamig, a BCMAxCD3 T cell engager, along with additional preclinical programs. Under the agreement, Galapagos will obtain licenses to key intellectual property, assume certain development responsibilities, and gain operational assets including facilities and personnel, effectively establishing an operating business tied to the programs. The framework also allows Galapagos to deploy at least $500M of its cash independently, including up to $150M for potential share buybacks. Gamgertamig has received Fast Track and Orphan Drug Designation from the FDA for AIHA and ITP and is expected to enter registrational studies as early as 2027. Galapagos will fund early-stage development, while later-stage costs will be shared with Gilead, whic [Read more]
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Stockreport

Galapagos NV (GLPG) Signs Agreement with Gilead on Ouro Medicines Assets [Yahoo! Finance]

Gilead Sciences, Inc.  (GILD) 
More Company Research Source: Yahoo! Finance
Last gilead sciences, inc. earnings: 4/30 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.gilead.com
a binding agreement with Gilead Sciences (NASDAQ:GILD) related to Gilead's planned acquisition of Ouro Medicines, a U.S.-based biotech focused on T cell engager therapies for autoimmune diseases. The deal includes access to Ouro's clinical-stage asset gamgertamig, a BCMAxCD3 T cell engager, along with additional preclinical programs. Under the agreement, Galapagos will obtain licenses to key intellectual property, assume certain development responsibilities, and gain operational assets including facilities and personnel, effectively establishing an operating business tied to the programs. The framework also allows Galapagos to deploy at least $500M of its cash independently, including up to $150M for potential share buybacks. Gamgertamig has received Fast Track and Orphan Drug Designation from the FDA for AIHA and ITP and is expected to enter registrational studies as early as 2027. Galapagos will fund early-stage development, while later-stage costs will be shared with Gilead, whic [Read more]
IMPACT SNAPSHOT
EVENT TIME:
GILD
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
S&P 500 (SPX)
%
 VOLUME RATIO
%
VOLUME (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS