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Announced

Gilead Sciences to invest $66m in Tentarix Biotherapeutics.

Synopsis

Gilead Sciences, an American biopharmaceutical company, agreed to invest $66m in Tentarix Biotherapeutics, a biotechnology company focused on leveraging its proprietary Tentacles platform. Gilead is looking to bolster its protein therapeutics pipeline, so the early-stage collaboration with Tentarix will fit right in, according to Flavius Martin, M.D., executive vice president of research at the pharma.

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