Gilead nears up to $2bn deal for autoimmune biotech Ouro Medicines
California-based drugmaker takes advantage of surging share price to strike takeovers after a quiet couple of years
California-based drugmaker takes advantage of surging share price to strike takeovers after a quiet couple of years

Deal comes as pharmaceutical groups rush to acquire smaller biotech firms with proven drug pipelines

Shares in rare disease biotech surge 26% following approach by Swiss group

Accord will result in higher medicines spending in Britain in exchange for exemption from threatened Trump tariffs

Global pharmaceutical companies are aggressively searching for new medicines in China

A shortage of late-stage capital pushes the biggest prizes into US hands

Dark Blue Therapeutics was spun out of an Oxford university incubator in 2022