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Gilead, with Ouro deal, wagers $1.7B on bispecifics for autoimmune diseases [Yahoo! Finance]
Last gilead sciences, inc. earnings: 4/30 04:01 pm
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US:NASDAQ Investor Relations: investors.gilead.com
Gilead Sciences will acquire autoimmune drugmaker Ouro Medicines , the companies said Monday afternoon, spending nearly $1.7 billion on the young startup and a T cell engager it licensed from a Chinese biotechnology firm. Ouro launched in early 2025 , backed by GSK and Monograph Capital. Its bispecific antibody, called OM336 or gamgertamig, is designed to bind to a pair of immune cell proteins, BCMA and CD3, that have been popular targets for drugmakers. Many bispecific antibodies have been approved for cancers , but over the past decade, a flurry of research has shown these treatments hold promise in autoimmune diseases as well . The multipronged drugs eliminate B cells much like cell therapies, but cost less to manufacture, don't require harsh chemotherapy conditioning and can be dosed multiple times. OM336 is in clinical testing for several uncommon conditions such as autoimmune cytopenias, where the body attacks healthy blood cells; bullous diseases, where the immune system
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- Is Gilead (GILD) a Buy as Wall Street Analysts Look Optimistic? [Yahoo! Finance][Yahoo! Finance]
- Gilead: Why The 'Immune System Company' Pivot Is No Longer A Bargain (Downgrade) [Seeking Alpha][Seeking Alpha]
- Gilead to Acquire Ouro Medicines in $2.18B Deal, Expand Inflammation Pipeline [Yahoo! Finance][Yahoo! Finance]
- Gilead Strengthens Inflammation Portfolio With Ouro Medicines Deal [Yahoo! Finance][Yahoo! Finance]
- Gilead Eyes $2.2 Billion Autoimmune Push With Ouro Deal [Yahoo! Finance][Yahoo! Finance]
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