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Gilead Sciences to Buy Ouro Medicines for Up to $2.18 Billion
Gilead Sciences announced its intention to acquire Ouro Medicines, a company specializing in autoimmune-disease therapies, for a total of up to $2.18 billion. The acquisition includes an upfront cash payment of approximately $1.68 billion, with an additional $500 million in potential contingent milestone payments. This deal is expected to strengthen Gilead’s inflammation portfolio.