Gilead to Buy 49.9% Stake in Cancer Drug Developer Pionyr for $275 Million
Gilead to Buy 49.9% Stake in Cancer Drug Developer Pionyr for $275 Million
The drugmaker said it has also secured the right to acquire remainder of Pionyr for a $315 million option exercise fee.

Gilead Sciences Inc said on Tuesday it would buy a 49.9% stake in privately held cancer immunotherapies developer Pionyr Immunotherapeutics Inc for $275 million.

The drugmaker said it has also secured the right to acquire remainder of Pionyr for a $315 million option exercise fee.

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