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Gilead, Foresite back biotech developer of COVID-19 pill in latest SPAC deal

cafead

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  • cafead   Jun 30, 2021 at 12:12: AM
via A little-known biotech company developing an antiviral pill for COVID-19 is going public through a merger with a blank-check company launched by the venture firm Foresite Capital, a deal that will hand the California-based developer $276 million to advance its drug candidate into clinical testing.

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