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Springfield, MO
Gilead Sciences agreed to buy Kite Pharma for $11 billion, people familiar with the matter told Dow Jones Newswires.
The all-cash deal would give Gilead access to Kite Pharma's new technology designed to harness the body's immune system to fight cancer.
Foster City, California-based Gilead's portfolio includes infectious-disease treatments.
Read more from Dow Jones Newswires.
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