How Gilead's coronavirus drug breakthrough is setting the tone for other potential treatments [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
Gilead Sciences GILDpotential coronavirus treatmentThree separate studies of Gilead’s remdesivir — including aplacebo trial by the National Institute of Allergy and Infectious Diseaseemergency use authorization“There’s a big sense of urgency here, I think the FDA understands the importance of reacting quickly to this,” CEO Daniel O’Day said on an earnings call Thursday. “It’s intense right now and...we think the FDA will move quite quickly on their decision on the labeling side.”He added he believes the regulatory authority will first approve the drug for emergency use, followed by full approval. But even with emergency use, the company could start collecting revenues on the drug, even though it hasn’t determined a price for it yet.However, the CEO underscored that earning profits are not the goal just yet, as the company plans to donate its entire current supply, some 1.5 million doses, to clinical trials in the U.S. and around the world. Patients may also obtain the drug via existin
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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