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Gilead to acquire cancer therapy developer Arcellx

Gilead Sciences said on Monday it ⁠will buy cancer therapy partner Arcellx for an implied equity ​value of $7.8 ​billion. Gilead Sciences said on Monday it ⁠will buy cancer therapy partner Arcellx for an implied equity ​value of $7.8 ​billion, expanding ​their cell therapy development collaboration that started in 2022. Shares of Arcellx climbed 77.8% to $113.99 while ⁠... [935 chars]

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