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Gilead Sciences Increases Stake In Arcus Biosciences To 33%

Gilead Sciences Increases Stake In Arcus Biosciences To 33%
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Why Is Arcus Biosciences Stock Trading Higher Today? - Arcus Biosciences (NYSE:RCUS), Gilead Sciences (NASDAQ:GILD)

Arcus Biosciences sees a 17.1% surge as Gilead Sciences amends collaboration, investing $320M at $21.00/share. Accelerate joint programs in cancer therapy.

Gilead and Arcus Announce Amended Collaboration and Equity Investment

Gilead Sciences, Inc. (Nasdaq: GILD) and Arcus Biosciences, Inc. (NYSE: RCUS) today announced an amendment to their collaboration agreement and a separate equity investment by Gilead of $320 million in Arcus common stock at $21.00 per share. The equity investment and collaboration amendment enable accelerated .

Gilead Sciences (GILD), Arcus (RCUS) Announce Amended Collaboration and $320M Equity Investment

Gilead Sciences (GILD), Arcus (RCUS) Announce Amended Collaboration and $320M Equity Investment
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