Gilead to acquire Arcellx for $7.8 billion

Arcellx, Inc. +0.09% Post
Gilead Sciences, Inc. -0.87% Post

Arcellx, Inc.

ACLX

115.10

115.10

+0.09%

0.00% Post

Gilead Sciences, Inc.

GILD

138.55

138.59

-0.87%

+0.03% Post

- Gilead Sciences GILD.O said on Monday it will buy cancer drug developer Arcellx ACLX.O for an implied equity value of $7.8 billion.