Gilead Sciences is to buy CV Therapeutics for $1.4 billion, or $20 per share. The move deals a blow to Astellas's efforts to buy CV, which the Japanese company had been courting for $1 billion, or $16 per share, since November.
The acquisition will strengthen Gilead's cardiovascular business, which it has outlined as a priority for 2009. Its lead investigational candidate...






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