GlaxoSmithKline, Vir Biotech Team Up in Hunt For Coronavirus Treatment [Yahoo! Finance News]
Gilead Sciences, Inc. (GILD)
Last gilead sciences, inc. earnings: 4/30 04:01 pm
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Source: Yahoo! Finance News
British drugmaker GlaxoSmithKline GSKVIRAs part of the collaboration agreement GSK will make an investment in Vir of $250 million, priced at $37.73, representing a 10% premium to the closing share price on March 27, 2020, according to the announcement. Vir’s shares soared as much as 34% rising to around $39 in early U.S. trading following the news of GSK’s investment.Wall Street analysts take a cautious stance on Vir’s stock. The Hold analyst consensus rating is based on 2 Sells, 2 Buys and 1 Hold. The $31 averageprice targetSee Vir’s stock analysis on TipRanksIn the initial phase of the collaboration, the target will be to accelerate the development of specific antibody candidates identified by Vir’s investigational treatments, VIR-7831 and VIR-7832, that have demonstrated high affinity for the SARS-CoV-2 spike protein and are highly potent in neutralising SARS-CoV-2. Then the two companies plan to proceed directly into a phase 2 clinical trial within the next three to five months, s
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GILD
Earnings
- 10/30/25 - Beat
GILD
Sec Filings
- 12/1/25 - Form 4
- 12/1/25 - Form 4
- 12/1/25 - Form 4
- GILD's page on the SEC website