Gilead Sciences Inc. executives enthusiastically advocated for the company's $11.9bn acquisition Kite Pharma Inc. on Aug. 28, but investors had mixed feelings about the $180-per-share price tag, despite overwhelmingly positive efficacy for Kite's lead chimeric antigen receptor T cell (CAR-T) therapy to date.
President and CEO John Milligan and other Gilead executives praised Kite's clinical trial results as well as its manufacturing preparations...








