It looks like some wishes do come true. Inhibitex
What makes Bristol's offer so startling is that Inhibitex's headline drug, INX-189, is only through phase 1 clinical trials. Granted, it posted some exciting efficacy data, but it is behind Pharmasset's PSI-7977 and still has a long, long way to go before FDA approval. Obviously, Pharmasset was a much larger company with a more extensive pipeline, so the total dollar value paid by Gilead was significantly higher, but what both of these deals show is how excited the major drug companies are about these next-gen hep C treatments.
The biggest loser here is likely Vertex Pharmaceuticals
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