Coronavirus: Stock markets boosted by remdesivir drug hopes [Yahoo! Finance News]
Gilead Sciences, Inc. (GILD)
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Source: Yahoo! Finance News
Man near a sign in front of the Gilead Sciences headquartersShares in the US and Asia have risen on hopes that an experimental drug could help treat symptoms of Covid-19.A leading US infectious disease expert said that early results of a clinical trial on anti-viral treatment remdesivir were "quite good news".Investors are betting the drug could help countries emerge from lockdowns aimed at curbing the outbreak.Gilead Sciences, which is developing the drug, saw its shares rise by more than 5.5% New York trading.White House health advisor Anthony Fauci said a National Institute of Allergy and Infectious Diseases' NIAID) study showed thatthe drug had a "clear-cut, significant, positive effect in diminishing the time to recovery" from the coronavirus. had already begun to rise after Gilead said preliminary indications from a remdesivir trial showed that it helped patients recover more quickly.A potential medical breakthrough like this is seen as a key step towards governments being able
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- Cell and Gene Therapy Investment Trends Strategic Intelligence Report 2025-2031: Yescarta from Gilead Sciences and Zolgensma from Novartis Generated $1.5 Billion and $1.2 Billion in 2024 Sales [Yahoo! Finance]Yahoo! Finance
- Gilead Sciences (NASDAQ:GILD) had its price target lowered by analysts at Royal Bank Of Canada from $105.00 to $100.00. They now have a "sector perform" rating on the stock.MarketBeat
- Gilead Sciences (NASDAQ:GILD) had its price target raised by analysts at The Goldman Sachs Group, Inc. from $110.00 to $115.00. They now have a "neutral" rating on the stock.MarketBeat
- Hopping Mad Over Drug Company Product Hopping [Forbes]Forbes
- Gilead Sciences (NASDAQ:GILD) had its "buy" rating reaffirmed by analysts at UBS Group AG.MarketBeat
GILD
Earnings
- 10/30/25 - Beat
GILD
Sec Filings
- 1/16/26 - Form 4
- 1/16/26 - Form 4
- 1/15/26 - Form 144
- GILD's page on the SEC website