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Event Brief

Gilead to Acquire Arcellx for Up to $7.8bn

Gilead Sciences plans to purchase Arcellx as part of a trend in biotech acquisitions.
WHO: Gilead Sciences
WHAT: Acquisition of Arcellx
WHEN: Feb 23, 2026 at 6:02 AM ET
WHERE: Location not specified
WHY: To enhance drug pipeline amid industry consolidation
Sources (1): Financial Times

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