Gilead Sciences is to acquire the privately-held US biotech Arresto Biosciences for $225 million to gain a pipeline of products targeting fibrotic diseases and cancer, including a candidate for the treatment of idiopathic pulmonary fibrosis (IPF). Gilead discontinued its Phase III trial of ambrisentan to treat IPF this week owing to lack of efficacy.
Arresto develops drug candidates that target enzymes involved in the synthesis of the extracellular matrix. Its lead product is AB0024,...






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