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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 and Arcus Biosciences announced significant findings from Cohort B of the ARC-9 study. The combination of etrumadenant and zimberelimab with FOLFOX chemotherapy and bevacizumab (EZFB) demonstrated a 63% reduction in the risk of death and a 73% reduction in disease progression compared to regorafenib in third-line metastatic colorectal cancer (mCRC) patients. The data showed a median overall survival of 19.7 months for EZFB, compared to 9.5 months for regorafenib. The findings will be presented at the 2024 ASCO Annual Meeting. The trial included 112 patients and showed a favorable safety profile for the EZFB regimen.

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Gilead Sciences and Arcus Biosciences have announced significant results from Cohort B of the ARC-9 Phase 1b/2 study. The study tested a combination regimen including etrumadenant, zimberelimab, FOLFOX chemotherapy, and bevacizumab (EZFB) in third-line metastatic colorectal cancer (mCRC) patients. The EZFB regimen reduced the risk of death by 63% and disease progression by 73% compared to regorafenib. Median overall survival was 19.7 months for EZFB versus 9.5 months for regorafenib. Additionally, the EZFB regimen had a favorable safety profile with fewer treatment-emergent adverse events leading to discontinuation compared to regorafenib. These findings were presented at the ASCO Annual Meeting and highlight the potential of this combination regimen as a treatment option for mCRC patients.

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Gilead Sciences and Arcus Biosciences announced positive results from the Phase 2 EDGE-Gastric study, which evaluated the combination of domvanalimab, zimberelimab, and chemotherapy in treating upper GI cancers. Results showed a median progression-free survival (PFS) of over one year, with a 12-month PFS rate of nearly 60%. The regimen demonstrated consistent objective response rates and was well-tolerated, with no unexpected safety signals. These findings support the ongoing Phase 3 STAR-221 study, which aims to confirm these results and potentially bring the first anti-TIGIT combination therapy to market for upper GI cancers. Data will be presented at the ASCO Annual Meeting.

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Gilead Sciences and Arcus Biosciences announced promising results from the Phase 2 EDGE-Gastric study evaluating domvanalimab plus zimberelimab and chemotherapy in treating upper gastrointestinal (GI) cancers. The updated data show a median progression-free survival (PFS) beyond one year, surpassing historical benchmarks for similar treatments. Nearly 60% of patients achieved 12-month PFS. The ongoing Phase 3 STAR-221 study aims to further validate these results. The combination therapy was well-tolerated with a safety profile consistent with the individual components. These outcomes support the potential for this combination to address unmet needs in upper GI cancer treatment.

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Gilead Sciences announced results from the Phase 3 EVOKE-01 study, evaluating Trodelvy in metastatic non-small cell lung cancer (NSCLC). The study did not meet its primary endpoint of overall survival (OS), but showed a 16% reduction in the risk of death compared to docetaxel (median OS: 11.1 vs. 9.8 months). A subgroup analysis revealed a meaningful OS improvement of 3.5 months in patients whose tumors did not respond to anti-PD-(L)1 therapy (mOS: 11.8 vs. 8.3 months). Adverse events were lower with Trodelvy (66.6%) compared to docetaxel (75.7%). Notably, more patients treated with Trodelvy were alive at 12 months (46.6% vs. 36.7%). These findings were presented at the 2024 ASCO Annual Meeting and published in the Journal of Clinical Oncology.

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Gilead Sciences (Nasdaq: GILD) announced the results of its Phase 3 TROPiCS-04 study on Trodelvy® (SG) for metastatic urothelial cancer (mUC). The study compared Trodelvy to single-agent chemotherapy in patients who had received prior treatments. The primary endpoint of overall survival (OS) was not met, though there was a numerical improvement in OS favoring Trodelvy, with trends of improvement in secondary endpoints and specific subgroups. However, a higher number of deaths due to adverse events were noted in the Trodelvy group, particularly early in treatment.

Gilead highlighted that Trodelvy has a Boxed Warning for severe neutropenia and emphasized the importance of granulocyte-colony stimulating factor (G-CSF) for preventing complications. The safety profile of Trodelvy remains consistent with prior data. Gilead will discuss the results with the FDA for continued accelerated approval of Trodelvy for mUC. More data will be presented at a forthcoming medical meeting.

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Gilead Sciences has partnered with the White House on the Biden Cancer Moonshot initiative to enhance cancer prevention and early detection among U.S. workers. This initiative aims to improve cancer screening rates through personalized outreach, contributing to a broader effort to combat cancer. Gilead, a biopharmaceutical company known for developing innovative medicines, operates in over 35 countries and is headquartered in Foster City, California. This partnership aligns with Gilead's mission to transform and simplify care for those with life-threatening illnesses by increasing access to vital health screenings.

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Gilead Sciences (GILD) will present new research at the EASL Congress 2024 in Milan, focusing on liver diseases like PBC, HDV, HCV, HBV, and MASH/Fibrosis. Highlights include interim results from the ASSURE study on seladelpar for PBC, a Phase 2b study on Hepcludex® for HDV, and a Phase 3 study on bulevirtide monotherapy. Gilead's data aims to support WHO's goal to eliminate viral hepatitis by 2030. The company will also launch an HCV awareness program in Italy. Key findings span safety, efficacy, and long-term impacts of treatments, underscoring Gilead's commitment to addressing unmet needs in liver disease therapeutics.

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Gilead Sciences hosted its first Global Health Equity Summit on May 21, 2024, in Northampton, MA. The event brought together leaders, advocates, and changemakers to discuss strategies for improving health equity and access to care. Gilead, a biopharmaceutical company, focuses on discovering, developing, and commercializing innovative medicines for critical illnesses. The company operates in over 35 countries with its headquarters in Foster City, California.

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Gilead Sciences (GILD) has announced interim results from the ASSURE study, which show that seladelpar, an investigational PPAR delta agonist, significantly improves liver disease markers and reduces itching in primary biliary cholangitis (PBC) patients. The study enrolled 174 patients, with 70% of those treated for 12 months meeting the composite endpoint, and 37% achieving ALP normalization. Seladelpar also reduced other liver injury markers. No serious adverse events were reported. This data aligns with the Phase 3 RESPONSE study, highlighting seladelpar's potential as a new therapy for PBC. The FDA has accepted a New Drug Application for seladelpar, with a decision expected in August 2024.

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FAQ

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

The current stock price of Gilead Sciences (GILD) is $90.19 as of November 22, 2024.

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

The market cap of Gilead Sciences (GILD) is approximately 111.8B.

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

111.79B
1.24B
0.12%
88.41%
1.42%
Drug Manufacturers - General
Biological Products, (no Disgnostic Substances)
Link
United States of America
FOSTER CITY