Gilead Sciences Acquires EpiTherapeutics

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Gilead Sciences (GILD) to Acquire EpiTherapeutics in $65M Deal

May 6, 2015 8:31 AM EDT

Gilead Sciences (NASDAQ: GILD) and EpiTherapeutics ApS, a privately-held Danish company, announced the signing of a definitive agreement pursuant to which Gilead has acquired EpiTherapeutics for $65 million, subject to certain purchase price adjustments, to be financed through available cash on hand.

EpiTherapeutics has generated a library of first-in-class, selective small molecule inhibitors of... More