March 7, 2021
Business News

Gilead announces another cancer deal – MarketWatch

Shares of Gilead Sciences Inc.
GILD,
-0.13%
gained 0.3% in premarket trading on Tuesday after the drugmaker on Monday evening announced a deal worth more than $6 billion with Tango Therapeutics. The collaboration, which began in 2018, has been expanded to allow Gilead option rights to 15 programs rather than the original five. Gilead will give Tango a $150 million upfront payment and make a $20 million investment. It can also option each of the programs for up to $410 million per program. …

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