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Gains Hepcludex, a first-in-class treatment for HDV; anticipates accelerated global launch as a result of the acquisition.
December 10, 2020
By: Contract Pharma
Contract Pharma Staff
Gilead Sciences, Inc. and MYR GmbH, a German biotechnology company focused on therapeutics for chronic hepatitis delta virus (HDV), have entered a definitive agreement under which Gilead will acquire MYR for approximately €1.15 billion in cash, plus a potential future milestone payment of up to €300 million. Gilead will gain Hepcludex (bulevirtide), which was conditionally approved by the European Medicines Agency (EMA) for the treatment of chronic HDV infection in adults with compensated li...
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