Biotech News - Gilead Sciences, Inc. (Public, NASDAQ:GILD)

Gilead Sciences, Inc. (Public, NASDAQ:GILD)

Gilead Sciences Extends Expiration Date for Tender Offer for Myogen
Until November 13, 2006
FOSTER CITY, Calif.--(BUSINESS WIRE)--Gilead Sciences, Inc. (Nasdaq:
GILD) today announced that it has extended the initial expiration
date for its previously announced tender offer for all of the
outstanding shares of common stock of Myogen, Inc. (Nasdaq: MYOG) to
Monday, November 13, 2006 at one minute following 11:59 p.m. New
York City time (midnight). The originally announced expiration date
for the tender offer, Friday, November 10, 2006, is a federal
employee holiday. Therefore, the initial expiration date for the
tender offer is being corrected and extended in order to ensure that
the tender offer will remain open for the full minimum twenty
business-day period required under Rule 14e-1 of the Securities
Exchange Act of 1934, as amended.

As of October 31, 2006, approximately 265,685 shares of Myogen
common stock had been tendered and not withdrawn from the offer. The
tender offer is expected to close by the end of the fourth quarter
of 2006, subject to customary closing conditions.

About Gilead Sciences

Gilead Sciences is a biopharmaceutical company that discovers,
develops and commercializes innovative therapeutics in areas of
unmet medical need. The company's mission is to advance the care of
patients suffering from life-threatening diseases worldwide.
Headquartered in Foster City, California, Gilead has operations in
North America, Europe and Australia. For more information on Gilead
Sciences, please visit the company's website at www.gilead.com or
call Gilead Public Affairs at 1-800-GILEAD-5 or 1-650-574-3000.

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