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    Gilead Wants to Buy More Blood Cancer Drugs for HIV Business

    Written by Investing News Network
    |
    Feb. 02, 2013 08:10PM PST

    Bloomberg reported that the world’s biggest maker of HIV drug treatments, Gilead Sciences Inc. (NASDAQ:GILD), is still looking to buy more blood cancer drugs after spending $1.2 billion on such drugs in the last two years.

    Bloomberg reported that the world’s biggest maker of HIV drug treatments, Gilead Sciences Inc. (NASDAQ:GILD), is still looking to buy more blood cancer drugs after spending $1.2 billion on such drugs in the last two years.

    As quoted in the market news:

    Treatment for leukemia and other blood cancers is one of the fastest growing markets for cancer drugs. Gilead’s recent string of four deals is intended to tap into that market and set the stage for the company’s growth for years.

    Click here to read the full Bloomberg report.

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