Gilead Buys Nimbus NASH Drug To Dominate Another Liver Disease
This article was originally published in Scrip
Gilead Sciences Inc. knows a thing or two about developing successful liver disease therapies, since it owns the world's top two hepatitis C drugs in terms of sales, and now the company is attempting to dominate another liver disease with the purchase of Nimbus Apollo Inc. for up to $1.2bn.
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With Phase II data showing its ACC inhibitor GS-0976 can significantly reduce hepatic steatosis, Gilead moves a step closer to goal of developing a proprietary combo therapy for NASH.