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Nov. 21 (Bloomberg) --Gilead Sciences Inc., the world's largest...

  1. J8
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    Nov. 21 (Bloomberg) --

    Gilead Sciences Inc., the world's largest maker of HIV medicines, agreed to buy Pharmasset Inc.....

    " for about $11 billion, betting that its experimental Hepatitis C treatments will lead the next generation of therapies in a market that may reach $20 billion by 2020.

    Gilead will pay $137 a share in cash, 89 percent more than the closing price for Pharmasset on Nov. 18, the companies said in a statement today. The purchase, Gilead's biggest, will reduce ........ " .







 
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