Gilead to purchase Pharmasset at $11 billion to drive hepatitis C pipeline

Nov. 22, 2011 - PRLog -- Gilead to purchase Pharmasset at $11 billion to drive hepatitis C pipeline

Gilead Sciences has announced the completion of a final agreement to buy Pharmasset for approximately $11 billion, to expand its pipeline of  hepatitis C virus treatments. The deal represents an 89-percent premium to Pharmasset's closing share price on November 18.

According to Gilead the deal, due to close in the first quarter of 2012, has been unanimously agreed by Pharmasset's board. Gilead expects the purchase to lower earnings to 2014 but  assist gains in 2015 and beyond.

Find Gilead company analysis at Reportbuyer.com:
http://www.reportbuyer.com/search/search_results.html?q=Gilead&publish_date_months=12

Gilead Sciences Inc-Detailed Product Pipeline
http://www.reportbuyer.com/pharma_healthcare/company_reports_pharmaceutical/gilead_sciences_inc_detailed_product_pipeline.html
Gilead Sciences Inc-Detailed product pipeline report contains detailed information on pipelines by phase and therapeutic indication as well as management information,deals and alliances and recent news on the company including key milestones.

Gilead's newly approved drug Complera
http://www.reportbuyer.com/pharma_healthcare/healthcare/g...
Gilead's newly approved drug Complera, the second triple combination once-a-day Pill Intended for Untreated HIV Patients is unlikely to displace its own market-leading drug, Atripla' is a featured article highlighting the discovery of the Complera and its added benefits from its own market-leading drug, Atripla. This report features the current therapeutics available in HIV therapy.

Gilead Sciences Inc-Deals & Alliances Report
http://www.reportbuyer.com/pharma_healthcare/company_repo...
This report contains the company's contact information, business summary, company details, tables, graphs and listings of the number of deals by deal category (product, technology, miscellaneous), stage of development, list of partners, deal types (licensing, marketing, etc.), top deals by deal value, and partner information.

# # #

Report Buyer is a UK-based independent online store supplying business information on major industry sectors. These include the Automotive Industry, Banking & Finance, Energy & Utilities, Food & Drink, Telecoms and Pharma & Healthcare.