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Gilead (GILD) to Acquire HOOK for $10 million
Gilead (GILD) to Acquire HOOK for $10 million

Yahoo

time23-05-2025

  • Business
  • Yahoo

Gilead (GILD) to Acquire HOOK for $10 million

Gilead Sciences Inc. (NASDAQ:GILD) has announced it will be taking over HOOKIPA Pharma Inc. (NASDAQ:HOOK) for a consideration of $10 million. Gilead Sciences Inc. (NASDAQ:GILD) commercializes medicines in the areas of unmet medical need in the United States, Europe, and internationally. GILD is only purchasing HOOK's antiviral programs, specifically the 'HB-400' & 'HB-500'. The company first invested $21.25 million in HOOK in 2023, with the aim of advancing its HIV program, i.e., through only the HB-500 program at that time. Gilead Sciences Inc. (NASDAQ:GILD) has also backed a merger between HOOK and Poolberg Pharma, in an attempt to make a stronger clinical-stage biopharmaceutical company focused on next-generation immunotherapies for cancer and other serious diseases HOOKIPA Pharma is a clinical-stage biopharmaceutical company that develops immunotherapies targeting infectious diseases based on its proprietary arenavirus platform. HOOK has a current market capitalization of over $19 million. Regarding the terms and timelines of the financing, the agreement will take place in three milestones. The first $3m will be paid out at the close of the deal. After that, a three-phase transfer plan will make HOOK eligible to receive $7m. The first phase will give HOOK access to the first tranche of $3m, and the remaining two phases will see HOOK receive $2 million for each phase. The deal is currently awaiting approval from the shareholders of HOOK. The company's share price peaked at $1.75 on May 21, 2025, and closed at $1.52 at the end of trading. While we acknowledge the potential of GILD, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than GILD and that has 100x upside potential, check out our report about this cheapest AI stock. READ NEXT: and Disclosure: None. Sign in to access your portfolio

Surprise Teammate For The Opps Leads To Trios Title Change On AEW Dynamite
Surprise Teammate For The Opps Leads To Trios Title Change On AEW Dynamite

Yahoo

time17-04-2025

  • Entertainment
  • Yahoo

Surprise Teammate For The Opps Leads To Trios Title Change On AEW Dynamite

Image Credit: All Elite Wrestling The Opps have done what no one has been able to do for a couple of months, and taken down the Death Riders thanks to some help. To close out tonight's episode of AEW Dynamite, The Opps and Death Riders went at it for the AEW Trios Championships. Because of HOOK's injury, however, The Opps had some extra help…in the form of none other than Powerhouse Hobbs. Advertisement Hobbs wasn't the only one who would help The Opps, though. Late in the match, The Young Bucks came out to try and interfere. Swerve Strickland was waiting, though, and surprised the crowd by appearing and stopping the Bucks from getting anything going. Strickland threw the group over the security barricades and caused them to run off. Back inside the ring, Samoa Joe ended things by locking Moxley into a Coquina Clutch, and finally handing a loss to the Riders. Following the match, a large portion of AEW's locker room came out to celebrate the newly crowned champions. What did you think? Are you happy to see The Opps score a win against the Death Riders? Where do we go from here? Let us know in the comments below. Advertisement READ MORE: AEW Dynamite Results: Review, Grades, Card For April 16 The post Surprise Teammate For The Opps Leads To Trios Title Change On AEW Dynamite appeared first on Wrestlezone.

AEW Dynamite Results: Review, Grades, Card For April 9
AEW Dynamite Results: Review, Grades, Card For April 9

Yahoo

time10-04-2025

  • Entertainment
  • Yahoo

AEW Dynamite Results: Review, Grades, Card For April 9

Image Credit: All Elite Wrestling Our AEW Dynamite coverage for tonight include the fallout of AEW Dynasty. As Swerve Strickland deals with his tough loss, he'll face off against PAC in a look for revenge. The Women's Owen Hart Cup Tournament will also continue, with Kris Statlander and Thunder Rosa going at it with AEW Women's Champion Toni Storm on commentary. Samoa Joe and HOOK will also face off against the Death Riders in tag team action, and more will undoubtedly occur. AEW Dynamite Card Swerve Strickland vs. PAC Women's Owen Hart Cup Tournament : Kris Statlander vs. Thunder Rosa Jon Moxley vs. Katuyori Shibata Death Riders vs. The Opps (Samoa Joe & HOOK) $400,000 Explosive 8-Man Tag Team Match : 'Speedball' Mike Bailey, Will Ospreay, Mark Briscoe & Kevin Knight vs. Ricochet, Lio Rush, Action Andretti & The Beast Mortos The Hurt Syndicate Celebration TV Time with The Learning Tree & Chris Jericho AEW Dynamite Results: We're here on the Dynamite after Dynasty, and Jon Moxley is kicking off the show with a vignette. He says AEW Dynamite has the single greatest roster of stars ever, but still can't get it done when it matters. They keep making excuses for themselves while not addressing the real problem: no one wants it. Moxley says they will 'scorch the earth' with any fake pretender before they give in. Advertisement Moxley then addressed The Young Bucks shocking return. He said he's a 'king on the front lines,' but doesn't recognize Matt and Nick anymore, and that they should be careful before they make anymore moves. Jon Moxley vs. Katusyori Shibata The post AEW Dynamite Results: Review, Grades, Card For April 9 appeared first on Wrestlezone.

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