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FirstFT: Apple picks next CEO
Bank of England will only raise rates amid a severe supply shortage
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EQT Raises $15.6B for Asia Private Equity Fund
Quilter plc sees JPMorgan reduce its price target to 206p from 212p....
Congo to Halt Cash Dollar Use Next Year to Prop Local Unit
Costco Increases Quarterly Dividend by 13%
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Microsoft and Meta Prepare for Earnings Reports Amid AI Competition
IBM Set to Release Earnings Report This Wednesday
Fitch Reports Easing of China's Shadow Lending Practices
South Korea Issues 20-Year Government Bonds at 3.610% Yield
New Zealand’s RBNZ sectoral factor model shows inflation at +2.7% YoY in Q1....
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Seoul shares hit record intraday high on back of tech sector rally-NA...
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Trump Comments on Challenges of Extracting Nuclear Material in Iran
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South Korea issues 20-year government bonds at a yield of 3.610%, according to the finance...
Badr Jafar: Private sector must shoulder stability in times of war
Tesla Settles Last-Minute Over Fatal 2018 Model S Crash That Killed Florida Teen
Sanrio Launches Gaming Brand, Tapping Fast-Growing Market
WTI edges higher to near $86.00 on uncertainty over US-Iran talks-FX...
Asia stocks mixed amid Iran uncertainty; KOSPI hits record high on AI rally
China’s youth jobless rate rises to 16.9% in March
South Korean Battery Stocks Rally on Mercedes-Benz Partnership
Indonesia’s equity benchmark edges down 0.5% to 7,550 points at the open....
Three Ships Including an Iranian Vessel Attempt Hormuz Transits
US-Iran Talks Set for Islamabad as Ceasefire Deadline Approaches
Coinbase Faces Legal Challenges Amid Board Restructuring
AST SpaceMobile Faces $2 Billion Market Cap Loss After Satellite Deployment Issue
Lululemon to Open Eight New Stores in Mexico as Part of North American Expansion
Cadence Design Systems Stock Rises Amid Geopolitical Concerns
Snowflake's Fair Value Estimate Reduced Amid AI Growth
Indonesia Exchange Chief Reports MSCI Acknowledgment of Proposals
Japan's Finance Minister Addresses Market Volatility
Middle East crisis: ‘Highly unlikely’ Iran ceasefire will be extended if no deal reached, Trump says
Indonesia exchange chief says MSCI has acknowledged its four proposals, which is...
Indonesia exchange chief says dialogue with global investors continues to strengthen the capital...
Gilead Sciences Acquires Tubulis GmbH for Up to $5 Billion
Gilead Sciences has announced its acquisition of Tubulis GmbH in a deal valued at up to $5 billion. This acquisition marks Gilead's third significant transaction in a span of six weeks, highlighting the company's aggressive expansion strategy in the oncology sector.
The Tubulis acquisition introduces advanced antibody drug conjugate technology and a promising pipeline of cancer therapies to Gilead's existing oncology portfolio. This move is part of a broader initiative by Gilead to enhance its capabilities in cancer treatment, following recent acquisitions of Arcellx and Ouro Medicines.
In addition to these acquisitions, Gilead has also exercised licensing options with Kymera Therapeutics and Cartography Biosciences, further bolstering its pipeline in cancer and autoimmune diseases. These strategic investments reflect Gilead's commitment to diversifying its therapeutic offerings and reducing its reliance on HIV treatments.
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Source: KLEA News