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Gilead Sciences, Inc. - GILD STOCK NEWS

Welcome to our dedicated page for Gilead Sciences news (Ticker: GILD), a resource for investors and traders seeking the latest updates and insights on Gilead Sciences stock.

Gilead Sciences, Inc. is an American biopharmaceutical company based in Foster City, California. The company specializes in researching, developing, and marketing antiviral drugs used in the treatment of a variety of viral infections including HIV/AIDS, hepatitis B and C, influenza, and COVID-19. Gilead is renowned for its innovative approach to creating life-saving therapies, with a core focus on diseases such as HIV and hepatitis. Some of its groundbreaking products include ledipasvir/sofosbuvir and sofosbuvir, pivotal in the treatment of hepatitis C.

Gilead's extensive portfolio has been significantly enhanced through strategic acquisitions. The purchase of Corus Pharma, Myogen, CV Therapeutics, Arresto Biosciences, and Calistoga has allowed the company to diversify into pulmonary and cardiovascular diseases and cancer treatments. The acquisition of Pharmasset was particularly notable, providing Gilead with the rights to the hepatitis C drug Sovaldi, further combined into the drug Harvoni. Additionally, Gilead has expanded its oncology offerings through the acquisitions of Kite, Forty Seven, and Immunomedics, strengthening its position in both cell therapy and non-cell therapy in oncology.

Gilead continually seeks to innovate and push the boundaries of medicine to offer better therapeutic solutions. Recent projects include expanding its antiviral pipeline and exploring novel treatments for various cancers. Financially, Gilead remains robust, with substantial investments in research and development to drive future growth and maintain its leadership in the biopharmaceutical industry.

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Gilead Sciences (Nasdaq: GILD) has announced that Chief Medical Officer Merdad Parsey, MD, PhD, will leave the company in early 2025. Dr. Parsey will continue in his role until Q1 2025 and assist with the transition. During his five-year tenure, Dr. Parsey played a important role in strengthening and diversifying Gilead's portfolio, which has more than doubled under his leadership.

The company now has 54 ongoing clinical trials across virology, oncology, and inflammation. Dr. Parsey's contributions include advancing market-leading treatments in virology and establishing Gilead's oncology pipeline. CEO Daniel O'Day praised Dr. Parsey's significant contributions and expressed confidence in the company's future growth based on the strong, diverse clinical pipeline developed during his tenure.

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Gilead Sciences (GILD) announced its program for the 25th International AIDS Conference (AIDS 2024), highlighting advancements in HIV prevention, treatment, and cure research. Key highlights include:

1. Full data from the PURPOSE 1 trial on lenacapavir, a twice-yearly HIV prevention medicine.

2. Week 48 outcomes from ARTISTRY-1 study on a single-tablet regimen of bictegravir and lenacapavir.

3. Two-year outcomes from BICSTaR study on Biktarvy®.

4. New data on GS-1720 and GS-4182 for potential once-weekly oral HIV treatments.

5. Resistance analyses for lenacapavir + teropavimab + zinlirvimab combination.

Gilead will also host symposia on addressing barriers to HIV care and prevention, and showcase initiatives aimed at improving HIV awareness and care.

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Gilead announced a significant enhancement to its employee benefits by introducing AccessHope, a cancer care support program, to its U.S. employees and their families. This initiative provides access to a network of oncology professionals offering treatment information and emotional support. Jim Candler, a Senior Director at Gilead, shared his positive experience with AccessHope after being diagnosed with prostate cancer. He emphasized the program's role in helping him and his wife navigate treatment options. Additionally, Gilead's efforts in cancer care caught the attention of President Biden's Cancer Moonshot initiative, leading to an invitation to the White House to discuss employer-led cancer screening practices. This initiative highlights Gilead's commitment to employee wellbeing and innovative cancer treatment options.

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Gilead Sciences (Nasdaq: GILD) announced interim Phase 3 trial results showcasing the 100% efficacy of its twice-yearly injectable HIV-1 capsid inhibitor, lenacapavir, for HIV prevention in cisgender women. The PURPOSE 1 trial concluded with zero HIV infections, demonstrating lenacapavir’s superiority over daily oral Truvada and background HIV incidence. Based on these findings, the independent Data Monitoring Committee advised halting the blinded phase and transitioning all participants to open-label lenacapavir. The trial included over 5,300 cisgender women and adolescent girls across 28 sites in South Africa and Uganda. Lenacapavir was generally well-tolerated with no new safety concerns. Gilead plans to present more detailed data at a future conference and continues additional trials under the PURPOSE program, aiming to end the HIV epidemic globally.

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Gilead Sciences and Kite Pharma celebrated Pride Month by raising Pride Month flags at their campuses, showcasing their support for LGBTQ+ communities worldwide. This initiative aligns with Gilead's commitment to inclusion and diversity, which is integral to their mission of creating a healthier world. Gilead Sciences is a biopharmaceutical company focused on discovering, developing, and commercializing innovative medicines for unmet medical needs, particularly life-threatening illnesses. Headquartered in Foster City, California, Gilead operates in over 35 countries globally.

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Gilead's Kite announced new data for Yescarta® (axicabtagene ciloleucel) in treating relapsed/refractory large B-cell lymphoma (R/R LBCL). Key findings indicate that using Yescarta as a second-line treatment improves manufacturing success rates by 2.60% compared to third-line treatments, achieving a 95.08% success rate in second-line therapies. Additionally, second-line treatments showed double the median percentage of naïve-like T-cells in patients, enhancing potential outcomes.

Preliminary results from the ZUMA-24 study suggest that outpatient administration of Yescarta is feasible, with safety data consistent with prior studies. These findings will be presented at the 2024 European Hematology Association Annual Congress.

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On June 12, 2024, Gilead Sciences announced the contributions of Luciana Preger to their oncology advancements. Luciana, with over 20 years of experience in the pharmaceutical field, currently serves as Vice President of Global Medical Affairs, Oncology. She has been instrumental in improving patient access to cancer treatments and has overseen the development of over 10 oncology therapies with significant survival benefits. Luciana emphasizes the importance of equitable care and scientific innovation in transforming cancer treatment. Currently, Gilead's oncology portfolio has reached over 30,000 patients, and the company continues to expand its impact on difficult-to-treat tumor types.

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Gilead Sciences (Nasdaq: GILD) announced that Phase 2b data from the MYR204 study on bulevirtide combined with pegylated interferon alfa-2a (PegIFN) showed promising results for chronic hepatitis delta virus (HDV) treatment. Published in NEJM, the study revealed that 46% of patients achieved undetectable HDV RNA levels at Week 24 post-treatment. Additionally, consistent results were observed at Week 48, confirming bulevirtide's potential as a finite therapy. The combination treatment exhibited a higher efficacy than monotherapy, with 32% and 46% achieving undetectable HDV RNA at Week 24 for 2 mg and 10 mg doses, respectively. Safety profiles were consistent, with common adverse events being leukopenia, neutropenia, and thrombocytopenia. The data also align with the Phase 3 MYR301 study, which highlighted bulevirtide's effectiveness and tolerability. Bulevirtide remains approved in the EEA, Great Britain, and Switzerland, but not in the U.S.

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Gilead Sciences highlights the impact of breast cancer treatments on fertility, focusing on the experiences of younger women. Emma, a 28-year-old nursing student, opted for IVF and egg freezing after her diagnosis of triple-negative breast cancer, reflecting on how cancer disrupted her life plans. According to the National Breast Cancer Foundation, 9% of women diagnosed with breast cancer in the U.S. are under 45, facing potential infertility from chemotherapy. Gilead partners with organizations like the Young Survival Coalition (YSC) to support these women, stressing the importance of consulting fertility preservation experts. Amanda Nixon of YSC advises that young women consider their post-cancer treatment life and fertility options.

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Gilead Sciences announced favorable two-year interim results from the ASSURE study, evaluating seladelpar as a treatment for primary biliary cholangitis (PBC). The study demonstrated rapid, sustained improvements in liver biomarkers and a reduction in pruritus (itching). In the Phase 3 RESPONSE trial, seladelpar showed a 70% composite response and 42% normalization in liver function among legacy study participants over 24 months. No serious adverse events were reported. These results were presented at the European Association for the Study of the Liver (EASL) Congress 2024, with promising implications for seladelpar's approval and potential market impact.

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FAQ

What is Gilead Sciences, Inc.?

Gilead Sciences is an American biopharmaceutical company that focuses on developing antiviral drugs for diseases like HIV, hepatitis B and C, influenza, and COVID-19.

Where is Gilead Sciences headquartered?

Gilead Sciences is headquartered in Foster City, California.

What are some key products of Gilead Sciences?

Some key products include ledipasvir/sofosbuvir and sofosbuvir for hepatitis C treatment and several innovative antiviral therapies.

Which companies has Gilead Sciences acquired?

Gilead has acquired companies such as Corus Pharma, Myogen, CV Therapeutics, Arresto Biosciences, Calistoga, Pharmasset, Kite, Forty Seven, and Immunomedics.

What diseases does Gilead Sciences' portfolio cover?

Gilead's portfolio covers life-threatening diseases like HIV, hepatitis B and C, pulmonary and cardiovascular diseases, influenza, and various cancers.

How has Gilead expanded its oncology offerings?

Gilead has bolstered its oncology portfolio through acquisitions of Kite, Forty Seven, and Immunomedics, enhancing its cell therapy and non-cell therapy options.

What is Gilead's financial condition?

Gilead maintains a strong financial position with significant investments in research and development to support ongoing growth and innovation.

What is Gilead's approach to research and development?

Gilead focuses on continual innovation and investment in R&D to develop groundbreaking treatments for viral infections and other serious diseases.

What recent projects is Gilead working on?

Gilead is currently working on expanding its antiviral drug pipeline and exploring new treatments for various types of cancer.

Where can I find the latest news about Gilead Sciences?

You can find the latest updates and news about Gilead Sciences on their official website and through reliable financial news sources.

Gilead Sciences, Inc.

Nasdaq:GILD

GILD Rankings

GILD Stock Data

90.40B
1.25B
0.11%
87.99%
1.51%
Biological Product (except Diagnostic) Manufacturing
Manufacturing
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United States of America
FOSTER CITY