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Gilead Sciences to pay $300 million for nearly half of Tizona, has option to buy the rest...

Thread starter cafead
Start date Jul 21, 2020

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cafead

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cafead Jul 21, 2020 at 10:32: AM

via Gilead Sciences Inc. GILD, -0.91% announced Tuesday a deal to buy a 49.9% stake in privately held cancer treatment developer Tizona Therapeutics Inc. for $300 million. Gilead also received an option to buy the remainder of Tizona for up to an additional $1.25 billion, including potential future milestone payments.

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