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) has announced positive results from three retrospective studies on Veklury (remdesivir) for COVID-19 treatment. The studies, presented at the World Microbe Forum, involved over 98,000 patients and found that Veklury significantly reduced mortality risk and improved hospital discharge rates by Day 28. Notably, a 70% reduction in mortality was observed in patients requiring low-flow oxygen. These findings bolster the existing data on Veklury's effectiveness amidst ongoing global COVID-19 challenges.
Gilead Sciences (Nasdaq: GILD) announced over 70 abstracts on liver disease research will be presented at The International Liver Congress™ 2021, from June 23-26. Highlights include interim Phase 3 data on Hepcludex® for hepatitis delta virus (HDV), the first approved HDV treatment in Europe. Gilead's ongoing studies on hepatitis C (HCV), hepatitis B (HBV), nonalcoholic steatohepatitis (NASH), and primary sclerosing cholangitis (PSC) will emphasize the company's commitment to liver health. Merdad Parsey, Chief Medical Officer, expressed enthusiasm for sharing advancements that could significantly impact patient outcomes.
Kite, a Gilead Company (Nasdaq: GILD), has entered a strategic partnership with Shoreline Biosciences to develop innovative allogeneic cell therapies targeting various cancers. The collaboration will utilize Shoreline’s expertise in iPSC technology and Kite’s leadership in cell therapy. Initial efforts will focus on chimeric antigen receptor NK targets, with potential expansion into iPSC CAR Macrophage programs. Shoreline will receive an upfront payment and could earn over $2.3 billion in additional payments and royalties based on developmental milestones.
Kite, a Gilead Company (Nasdaq: GILD), announced positive follow-up results from the pivotal ZUMA-5 trial of Yescarta® for treating relapsed or refractory follicular lymphoma (FL). At 18 months, 94% of patients achieved a response, outperforming current treatments in overall and progression-free survival metrics. The analysis showed a 58% reduction in death risk and a 70% reduction in disease progression compared to the control cohort, SCHOLAR-5. Safety findings noted Grade 3 or higher cytokine release syndrome (CRS) in 8% and neurologic toxicities in 21% of patients.
Gilead Sciences (Nasdaq: GILD) announced FDA approval to expand the pediatric indication of Epclusa for treating chronic hepatitis C in children as young as 3 years. The new oral pellet formulation includes two strengths, facilitating administration for younger patients. The approval supports treatment for 12 weeks in patients with or without cirrhosis and is based on a Phase 2 trial showing an 83% cure rate. With approximately 35,300 to 60,500 children affected by HCV in the U.S., this advancement aligns with Gilead's commitment to HCV elimination.
Kite, a Gilead Company (Nasdaq: GILD), announced promising results from the ZUMA-3 study evaluating Tecartus® (brexucabtagene autoleucel) for adult patients with relapsed or refractory B-cell precursor acute lymphoblastic leukemia (ALL). The study reported a response rate of 71% in treated patients, with 97% achieving deep molecular remission. The FDA has accepted a supplemental Biologics License Application for Tecartus, targeting an approval date of October 1, 2021. However, grade ≥3 adverse events were noted in 95% of patients, raising safety concerns.
Gilead Sciences (Nasdaq: GILD) announced promising results from the Phase 3 ASCENT study of Trodelvy for relapsed or refractory metastatic triple-negative breast cancer (TNBC). In brain metastases-negative patients with recent disease progression, Trodelvy improved progression-free survival by 59%, achieving a median of 5.7 months compared to 1.5 months with chemotherapy. Overall survival also significantly increased to 10.9 months from 4.9 months. The safety profile remains consistent, with manageable adverse reactions. The data reaffirms Trodelvy’s potential as a new standard of care in this difficult-to-treat population.
Gilead Sciences (Nasdaq: GILD) and Kite announced the presentation of 16 abstracts at the American Society of Clinical Oncology Annual Meeting from June 4-8, 2021. These include oral and poster presentations highlighting advancements in Gilead's antibody-drug conjugates and Kite's CAR T-cell therapies. Notably, data will showcase the impacts of Sacituzumab Govitecan in treating metastatic triple-negative breast cancer, and CAR T-cell therapies in non-Hodgkin lymphoma. The event aims to share insights on innovative treatments for difficult-to-treat cancers.
Gilead Sciences announced its executives will present at several investor conferences in June 2021. Key events include the Cowen Annual Virtual Oncology Innovation Summit on May 21, Jefferies Virtual Healthcare Conference on June 1, Bernstein Annual Strategic Decisions Conference on June 2, and Goldman Sachs Annual Global Healthcare Conference on June 9. Live webcasts will be available on the company’s investor page, with replays for 30 days post-event. Gilead is a leading biopharmaceutical firm focused on innovative treatments for serious diseases globally.
Gilead Sciences (Nasdaq: GILD) will present at two upcoming investor conferences. The BofA Securities 2021 Virtual Health Care Conference is scheduled for May 13, 2021 at 2:00 p.m. ET, while the RBC Capital Markets 2021 Global Health Care Conference will take place on May 19, 2021 at 10:20 a.m. ET. Live webcasts can be found on the company's investors page, with replays available for 30 days post-presentation. Gilead is dedicated to developing treatments for life-threatening diseases and operates globally from its headquarters in Foster City, California.