Gilead Sciences Inc Stock Price, News & Analysis

Contineum Therapeutics (NASDAQ: CTNM) has appointed Timothy Watkins, M.D., M.Sc. as its new Chief Medical Officer and Head of Development. Dr. Watkins, formerly Vice President at Gilead Sciences, brings extensive experience in immunology and fibrotic disease therapeutic development.

Key highlights:

• Dr. Watkins succeeds Stephen L. Huhn, who served as CMO since 2020
• Company plans to initiate Phase 2 clinical trial for idiopathic pulmonary fibrosis in second half of 2025
• Dr. Watkins received inducement awards including: - Time-based stock option for 260,000 shares - Performance-based stock option for 26,000 shares

The appointment aligns with Contineum's enhanced focus on inflammation, immunology, and fibrotic disease development. The company's pipeline includes PIPE-307 for multiple sclerosis and depression, developed in partnership with Johnson & Johnson.

Gilead Sciences (GILD) reported Q1 2025 financial results with total revenue remaining flat at $6.7 billion compared to Q1 2024. Product sales excluding Veklury increased 4% to $6.3 billion, primarily driven by HIV and Liver Disease sales.

Key highlights:

• HIV product sales up 6% to $4.6 billion, with Biktarvy sales increasing 7% to $3.1 billion
• Liver Disease portfolio sales rose 3% to $758 million
• Veklury sales decreased 45% to $302 million
• Diluted EPS was $1.04, compared to $(3.34) in Q1 2024

The company maintains its full-year 2025 guidance with product sales expected between $28.2-28.6 billion. Cash and equivalents stood at $7.9 billion as of March 31, 2025. During Q1, Gilead paid $1.0 billion in dividends and repurchased $730 million of common stock.

Gilead Sciences (GILD) announced positive topline results from the Phase 3 ASCENT-04/KEYNOTE-D19 study, showing that Trodelvy® plus Keytruda® significantly improved progression-free survival compared to Keytruda and chemotherapy in patients with PD-L1+ metastatic triple-negative breast cancer (mTNBC).

The study met its primary endpoint with a statistically significant and clinically meaningful improvement in progression-free survival. The safety profile was consistent with known profiles of both agents, with no new safety signals identified. While overall survival data was not mature, early trends showed improvement with the combination therapy.

The trial enrolled 443 patients randomized 1:1 to receive either Trodelvy plus Keytruda or chemotherapy plus Keytruda. This marks the first pivotal Phase 3 trial demonstrating superiority of a TROP-2 antibody-drug conjugate plus immunotherapy combination in first-line metastatic breast cancer treatment.

Gilead Sciences (GILD) has announced it will release its first quarter 2025 financial results on Thursday, April 24, 2025, after market close. The company's management will host a webcast at 4:30 p.m. Eastern Time to discuss the quarterly results and provide a business update.

The live webcast will be accessible through the Investors section of Gilead's website and will remain archived there for one year. The biopharmaceutical company, headquartered in Foster City, California, operates in more than 35 countries and focuses on developing innovative medicines for life-threatening diseases including HIV, viral hepatitis, COVID-19, and cancer.

The Center for Disease Analysis Foundation (CDAF) has announced $782,000 in funding for its third round of Relink program grantees, benefiting six healthcare institutions across different states. The program, funded by an $8 million grant from Gilead Sciences (GILD), aims to reconnect diagnosed but untreated Hepatitis C (HCV) and Hepatitis B (HBV) patients to care.

This initiative represents the largest global effort to support the World Health Organization's 2030 Viral Hepatitis Elimination goals in the United States. Despite progress in the last decade, patient retention remains challenging due to fragmented management systems. The program focuses on implementing culturally appropriate and innovative programs to improve relinkage to care.

The fourth and final round of proposals will open in September 2025, with priority given to state health agencies and their partners.

Gilead Sciences (GILD) presented breakthrough HIV treatment data at CROI 2025, highlighting three major developments:

1. Biktarvy demonstrated high efficacy in HIV/HBV co-infection treatment, maintaining 95.4% HIV-1 and 86.6% HBV virologic suppression rates after 96 weeks.

2. The FDA granted Breakthrough Therapy Designation to a novel twice-yearly treatment combination of lenacapavir with broadly neutralizing antibodies (teropavimab and zinlirvimab). Phase 2 results showed 96% of participants maintained viral suppression at Week 26.

3. Results from the first HIV cure trial in South Africa showed that 30% of participants remained off antiretroviral therapy through Week 48, though the trial regimen alone was deemed insufficient as a cure.

Gilead Sciences (GILD) has presented groundbreaking Phase 1 data for its once-yearly lenacapavir formulation for HIV prevention at CROI 2025. The study evaluated two different 5000mg intramuscular formulations in 40 healthy adults, demonstrating sustained plasma concentrations above effective levels for at least 56 weeks.

The trial showed promising results with median trough concentrations at Week 52 (57.0 ng/mL and 65.6 ng/mL) exceeding those observed in previous twice-yearly trials. Both formulations were well-tolerated, with injection site pain being the most common side effect, mostly mild and resolving within a week.

Additional data from the PURPOSE 1 trial revealed that approximately two-thirds of participants preferred twice-yearly lenacapavir injections over daily oral pills at Week 52. The company plans to launch a Phase 3 study for once-yearly lenacapavir in the second half of 2025.

Gilead Sciences (GILD) announced that the European Medicines Agency (EMA) has validated for parallel accelerated review its Marketing Authorization Application (MAA) and EU-Medicines for all (EU-M4all) application for lenacapavir, a twice-yearly injectable HIV-1 capsid inhibitor for HIV prevention.

The applications are supported by data from Phase 3 trials: PURPOSE 1 showed 100% risk reduction in cisgender women, while PURPOSE 2 demonstrated 99.9% effectiveness with a 96% risk reduction among cisgender men and gender-diverse people. Both trials proved superiority compared to daily oral Truvada.

The EU MAA will cover all 27 EU Member States plus Norway, Iceland, and Liechtenstein. The EU-M4all application aims to facilitate expedited reviews in low and lower-middle-income countries. This follows the FDA's acceptance of Gilead's New Drug Applications for lenacapavir under priority review.

Gilead Sciences (GILD) has received conditional marketing authorization from the European Commission for seladelpar, a treatment for primary biliary cholangitis (PBC). The drug will be used in combination with ursodeoxycholic acid (UDCA) in adults with inadequate response to UDCA alone, or as monotherapy for those unable to tolerate UDCA.

The approval is based on the Phase 3 RESPONSE study results, where 62% of participants taking seladelpar achieved composite biochemical response at Month 12, compared to 20% for placebo. Additionally, 25% of trial participants achieved normalization of ALP values, while none in the placebo group did. The drug also showed significant improvement in pruritus symptoms.

PBC affects approximately 163,000 people in Europe, primarily women. Seladelpar has already received accelerated approval in the U.S. in August 2024 and UK approval in January 2025. Continued authorization will be contingent on verification of clinical benefit in confirmatory trials.