GSK takes billion-dollar drug fight with Gilead to top AIDS meeting [Reuters (UK)]
Gilead Sciences, Inc. (GILD)
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Source: Reuters
GSK takes billion-dollar drug fight with Gilead to top AIDS meeting | Reuters 4 Min Read LONDON (Reuters) - GlaxoSmithKline ( GSK.L ) is taking its fight with Gilead Sciences ( GILD.O ) for dominance of the HIV market to the world’s leading AIDS conference next month by showcasing detailed results from its new two-drug treatment. The drugmakers are touting rival strategies for fighting the AIDS virus, with GSK betting that a shift to using two drugs rather than the standard three will boost its market share, while Gilead sticks with the tried and tested triple approach. Deborah Waterhouse, head of GSK’s majority-owned HIV business ViiV Healthcare, aims to overtake Gilead as market leader in the $26 billion-a-year (19.8 billion pounds) HIV market by the mid-2020s, assuming the gamble on two-drug combinations pans out. She has her work cut out. Gilead currently has a market share of 52 percent against GSK’s 22 percent - a breakdown that has changed little this year, despite the succ
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News
- Gilead Sciences, Inc. (NASDAQ: GILD) had its price target lowered by analysts at Morgan Stanley from $80.00 to $78.00. They now have an "equal weight" rating on the stock.MarketBeat
- Gilead Sciences, Inc. (NASDAQ: GILD) had its price target lowered by analysts at TD Cowen from $90.00 to $85.00. They now have a "buy" rating on the stock.MarketBeat
- Gilead Sciences, Inc. (NASDAQ: GILD) had its price target lowered by analysts at Royal Bank of Canada from $76.00 to $74.00. They now have a "sector perform" rating on the stock.MarketBeat
- Gilead (GILD) Q1 Loss Narrower Than Expected, Sales Beat [Yahoo! Finance]Yahoo! Finance
- Merus (MRUS) Moves 7.1% Higher: Will This Strength Last? [Yahoo! Finance]Yahoo! Finance
GILD
Earnings
- 4/25/24 - Beat
GILD
Sec Filings
- 4/26/24 - Form 4
- 4/25/24 - Form 8-K
- 4/2/24 - Form 4
- GILD's page on the SEC website