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GILEAD SCIENCES INC WOULD BUY FORTY SEVEN INC

Published On 03 Mar 2020 08:07 AM


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Highlights

  • The deal would be for $4.9 billion
  • It will add to its portfolio of oncology drugs

On Monday, Gilead Sciences Inc said it would buy Forty Seven Inc. It will be $4.9 billion in cash. To its portfolio of oncology drugs, it will add an experimental treatment that targets blood cancer.  

A 62% jump was observed for the Shares of Forty Seven. It traded slightl....


Tags : Merger and Acquisition ,
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