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Gilead Sciences Inc Stock Price, News & Analysis

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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. (Nasdaq: GILD) is a biopharmaceutical company focused on medicines for HIV, viral hepatitis, COVID‑19, cancer and inflammation. The GILD news feed highlights how the company’s research, collaborations and policy decisions translate into clinical programs, regulatory milestones and access initiatives across these therapeutic areas.

Investors and healthcare observers following GILD news will see regular updates on Gilead’s HIV portfolio, including clinical trial readouts such as the Phase 3 ARTISTRY‑1 and ARTISTRY‑2 studies of an investigational single‑tablet regimen combining bictegravir and lenacapavir for virologically suppressed adults with HIV. News also covers developments related to lenacapavir as a long‑acting option for HIV prevention and treatment, as well as agreements affecting key products like Biktarvy, including patent settlements disclosed by the company.

Oncology and cell therapy news is another major theme. Through Kite, a Gilead company, GILD‑related releases feature data on Yescarta for relapsed or refractory large B‑cell lymphoma, next‑generation bicistronic CAR T‑cell candidates KITE‑753 and KITE‑363 for B‑cell lymphomas, and anitocabtagene autoleucel (anito‑cel) for relapsed or refractory multiple myeloma. Updates often include efficacy and safety results from pivotal and early‑stage trials, as well as details on collaborations such as the partnership with Arcellx on anito‑cel and the research collaboration with OncoNano Medicine on ON‑BOARD encapsulation technology.

Gilead news also reflects broader corporate and policy activity, including agreements with the U.S. government related to drug pricing and access, philanthropic grants from the Gilead Foundation for metastatic breast cancer support, leadership appointments, investor conference presentations and quarterly financial announcements. Bookmark this page to monitor how these scientific, commercial, governance and access‑related developments shape the ongoing story of GILD.

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Gilead Sciences (GILD) reported Q2 2021 revenue of $6.2 billion, up 21% year-over-year, driven by strong sales of Veklury, Biktarvy, and HCV products. Diluted EPS increased to $1.21 from a net loss of $2.66 in Q2 2020. Non-GAAP EPS rose 68% to $1.87. The company updated its guidance, raising total product sales expectations to between $24.4 billion and $25.0 billion. Key pipeline updates include positive results for lenacapavir and Yescarta. Cash reserves stood at $7.4 billion.

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BioNTech has entered into a purchase agreement to acquire Kite's solid tumor neoantigen T cell receptor R&D platform and clinical manufacturing facility in Gaithersburg, MD. This facility will bolster BioNTech's capabilities in developing individualized cancer therapies, complementing its existing infrastructure in Germany. Kite will receive an undisclosed upfront payment. The acquisition aims to enhance BioNTech's pipeline, which includes CAR-T therapies. All Kite Gaithersburg employees will be offered employment with BioNTech, indicating a commitment to further investment in the facility.

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Gilead Sciences reported that 99% of participants in a pooled analysis of two Phase 3 studies maintained an undetectable HIV-1 viral load after four years on Biktarvy (n=476/480). The study showed zero cases of treatment-emergent resistance. Findings indicate consistent efficacy across demographics, including older adults and Black Americans. Additional studies demonstrated that switching to Biktarvy led to high rates of virologic suppression without resistance. Overall, data supports Biktarvy's durable efficacy and safety as an HIV treatment.

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Gilead Sciences (Nasdaq: GILD) announced promising results from the Phase 2/3 CAPELLA trial of lenacapavir, a long-acting HIV-1 capsid inhibitor for treatment-experienced patients with multi-drug resistant HIV. At Week 26, 81% of participants achieved an undetectable viral load. Lenacapavir is submitted for FDA approval as a six-month treatment option. The trial's success highlights the drug's potential and its significance in addressing unmet medical needs in HIV treatment. Lenacapavir is designed to act on multiple stages of the HIV lifecycle, offering a novel therapeutic approach.

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Gilead Sciences, Inc. (Nasdaq: GILD) will release its second quarter 2021 financial results on July 29, after market close. A live webcast discussing these results and a business update will begin at 4:30 p.m. Eastern Time on the same day. The webcast will be accessible on the investor relations page of Gilead's website and archived for one year. Gilead is recognized for its breakthroughs in biopharmaceuticals, focusing on innovative treatments for HIV, viral hepatitis, and cancer.

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Gilead Sciences (Nasdaq: GILD) announced its participation in the 11th IAS Conference on HIV Science, occurring virtually from July 18-21. The company will present 31 abstracts highlighting advancements in HIV treatment and prevention, including data on Biktarvy and lenacapavir. A symposium will feature discussions among leading researchers and community members on achieving a functional cure for HIV. Gilead emphasizes ongoing scientific innovation to meet critical healthcare needs for those affected by HIV. For details, visit IAS 2021.

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Gilead Sciences (Nasdaq: GILD) has submitted a New Drug Application (NDA) to the FDA for lenacapavir, a long-acting HIV-1 capsid inhibitor targeting heavily treatment-experienced patients with multi-drug resistant HIV-1 infection. This submission is based on findings from the Phase 2/3 CAPELLA trial, which demonstrated significant viral load reduction. Lenacapavir is positioned as a potential first-in-class treatment option administered every six months. Gilead plans further applications to the European Medicines Agency and other global entities.

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Kite, a Gilead Company (Nasdaq: GILD), announced top-line results from ZUMA-7, a Phase 3 study demonstrating Yescarta's superiority over standard care in treating relapsed or refractory large B-cell lymphoma (LBCL). With a two-year median follow-up, the study achieved its primary endpoint of event-free survival (EFS) with a hazard ratio of 0.398 (p 0.0001). The objective response rate (ORR) also met key secondary endpoints. Though overall survival data showed a positive trend, it's still immature. The trial's safety profile remained consistent with previous findings.

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Gilead Sciences (Nasdaq: GILD) announced interim results from its Phase 2b and Phase 3 trials of Hepcludex (bulevirtide) for treating chronic hepatitis delta virus (HDV). The Phase 3 study supports the efficacy and safety of bulevirtide 2 mg daily, showing a 36.7% virological response after 24 weeks. Hepcludex has received Breakthrough Therapy Designation and Conditional Marketing Authorization in Europe. With limited HDV treatment options available, these findings highlight the significance of bulevirtide in addressing substantial unmet medical needs.

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Kite announced that Fosun Kite Biotechnology has received approval from China's NMPA for axicabtagene ciloleucel (Yescarta) to treat adult patients with relapsed or refractory large B-cell lymphoma. This marks the first CAR T-cell therapy approved in China. The approval follows a successful bridging trial demonstrating safety and efficacy in Chinese patients. Kite emphasizes the need for new treatment options in this patient population, highlighting the significance of this approval for improving survival rates.

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FAQ

What is the current stock price of Gilead Sciences (GILD)?

The current stock price of Gilead Sciences (GILD) is $136.88 as of December 21, 2023.

What is the market cap of Gilead Sciences (GILD)?

The market cap of Gilead Sciences (GILD) is approximately 169.9B.

GILD Rankings

GILD Stock Data

169.90B
1.24B
Drug Manufacturers - General
Biological Products, (no Diagnostic Substances)
Link
United States
FOSTER CITY

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