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 develops and commercializes medicines for HIV, viral hepatitis, COVID-19 and cancer. Company updates regularly cover product sales and operating results, HIV franchises such as Biktarvy, Yeztugo and lenacapavir, and clinical or regulatory activity for investigational HIV regimens that combine established antiretroviral agents with newer mechanisms.
Recurring developments also include oncology pipeline expansion through Kite cell-therapy programs, the completed acquisition of Arcellx and its investigational BCMA-directed CAR T-cell therapy anitocabtagene autoleucel for multiple myeloma, collaboration activity using real-world evidence in oncology R&D, shareholder matters, and capital-structure disclosures tied to material agreements and acquisitions.
Gilead Sciences (Nasdaq: GILD) announced its participation in the Evercore ISI Annual HealthCONx Conference on Thursday, December 2 at 2:40 PM ET. Investors can access a live webcast on the company’s investors page, with a replay available for 30 days post-presentation. Gilead is a biopharmaceutical leader committed to innovative treatments for serious diseases including HIV, viral hepatitis, and cancer, operating in over 35 countries from its headquarters in Foster City, California.
Gilead Sciences has exercised options for three clinical-stage programs from Arcus Biosciences, including anti-TIGIT agents domvanalimab and AB308, as well as etrumadenant and quemliclustat. This move involves $725 million in option payments to Arcus. The companies are set to co-develop these candidates, share global costs, and explore innovative treatment combinations. Antitrust clearance is required, with expected closure by year-end.
Gilead Sciences has exercised options for three clinical-stage programs from Arcus Biosciences, including domvanalimab, AB308, etrumadenant, and quemliclustat. The agreement, subject to antitrust clearance, results in Arcus receiving $725 million in option payments. The collaboration aims to accelerate the clinical development of these programs, which target hard-to-treat cancers like lung and pancreatic cancer. Notably, Gilead will pursue novel treatment combinations, enhancing its oncology portfolio.
Gilead Sciences announced that the EVER-132-001 trial of sacituzumab govitecan (Trodelvy) met its primary endpoint with an objective response rate (ORR) of 38.8% in patients with metastatic triple-negative breast cancer (TNBC) who received prior therapies. The trial, conducted in China, included 80 patients and demonstrated consistent results with previous studies. No new safety signals were identified. The company is preparing for a product launch in China, emphasizing the potential impact on treatment for patients with limited options.
Gilead Sciences (Nasdaq: GILD) is presenting over 30 abstracts at the American Association for the Study of Liver Diseases (AASLD) The Liver Meeting from November 12-15. The presentations cover various liver diseases, including chronic hepatitis delta virus (HDV), hepatitis C (HCV), and hepatitis B (HBV). Key data includes the impact of bulevirtide on HDV treatment outcomes and global efforts towards HCV elimination. Gilead emphasizes its commitment to addressing unmet needs in liver disease treatment.
Gilead Sciences and Kite will showcase advancements in CAR T-cell therapies at the upcoming ASH Annual Meeting (Dec 11-14). Highlights include over 20 abstracts, with the landmark ZUMA-7 study presenting efficacy and safety results in relapsed/refractory large B-cell lymphoma (LBCL). Kite's research aims to improve treatment standards and patient survival rates. Additionally, new findings on investigational magrolimab will be discussed, indicating significant potential in AML treatments. Gilead emphasizes broad potential across its oncology pipeline amid evolving cancer treatment strategies.
Gilead Sciences (GILD) announced interim results from the BICSTaR study, showcasing Biktarvy's effectiveness in treating HIV across 1,135 patients. After one year, 97% of treatment-naïve and 96% of treatment-experienced participants achieved virologic suppression. High adherence to the medication (91%) was reported, with 13% experiencing adverse events, mostly mild. Biktarvy’s robust efficacy in long-term treatment switch scenarios was also emphasized, with 99% maintaining viral suppression over 101 weeks, reinforcing its role in improving the quality of life for diverse HIV populations.
Gilead Sciences (GILD) announced a partnership with Merck to conduct a global Phase 3 clinical trial evaluating the efficacy of Trodelvy (sacituzumab govitecan-hziy) combined with KEYTRUDA (pembrolizumab) for first-line treatment of triple-negative breast cancer (TNBC). Trodelvy is already a second-line treatment option for metastatic TNBC. The trial aims to assess the combination's effectiveness compared to KEYTRUDA plus chemotherapy in patients with advanced TNBC. The combination is still under investigation and has not received regulatory approval.
Gilead Sciences reported a robust third quarter 2021, achieving total revenues of $7.4 billion, a 13% increase year-over-year, driven by strong demand for Veklury and record sales of Biktarvy at $2.3 billion. Diluted EPS surged to $2.05 compared to $0.29 in 2020. The company anticipates total product sales of $26.0-$26.3 billion for the year, with Veklury sales forecasted at $4.5-$4.8 billion. Gilead's cash position remains solid at $6.8 billion, supporting ongoing investments in research and development.
The Phase 2 clinical study has commenced, evaluating a once-weekly oral combination of islatravir and lenacapavir for HIV treatment, led by Gilead Sciences (GILD) and Merck (MRK). This collaboration aims to provide long-acting HIV therapies to address diverse patient needs. The study will assess safety and antiviral effects, with a primary endpoint of HIV-1 RNA viral load at Week 24. Both investigational drugs have shown promise in earlier trials, with the goal of addressing adherence and stigma issues in HIV treatment.