Gilead Sciences Gains on Plans to Boost Coronavirus Drug Production, Provide 1.5 Million Free Doses [TheStreet.com]
Gilead Sciences, Inc. (GILD)
Last gilead sciences, inc. earnings: 4/30 04:01 pm
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Source: TheStreet.com
Gilead Sciences(GILDGet ReportGilead said it will provide around 1.5 million doses of remdesivir, which could be used to help some 140,000 patients, at no charge to hospitals and clinics and will ramp up production to be able to treat 500,000 patients by October. It also hopes to have enough supply to treat a further 500,000 patients by the end of the year.“We know the desperate urgency of reaching these patients and believe that the expanded access program will help to accelerate the process," CEO Daniel O'Day said Saturday. "New U.S. sites have been initiated and we are adding more on an ongoing basis. We are also making progress in Europe.""Remdesivir is still an investigational medicine and has not been approved by regulatory authorities anywhere in the world," O'Day added. The safety and efficacy are not yet known so while we feel the greatest sense of urgency in our work with remdesivir, we must take the responsible, ethical approach of determining whether it is indeed a safe, e
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GILD
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- 10/30/25 - Beat
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- 12/1/25 - Form 4
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