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Gilead scores new FDA approval for drug obtained in billion-dollar purchase

Gilead Sciences has got a green light from the US Food and Drug Administration to use the drug Trodelvy for treating metastatic urothelial cancer. This is the second approval in a short time, as Trodelvy was recently approved for treating breast cancer.

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US company Gilead Sciences is still profiting off the fact that it purchased biotech company Immunomedics for USD 21bn last year, and through this deal, it acquired the drug Trodelvy.

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