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Stock impact report

Gilead (GILD) Reaches Pricing Agreement with US Government to Lower Drug Costs [Yahoo! Finance]

Gilead Sciences, Inc. (GILD) 
Last gilead sciences, inc. earnings: 4/30 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.gilead.com
Company Research Source: Yahoo! Finance
On December 19, Gilead Sciences, Inc. (NASDAQ:GILD) announced an agreement with the US government aimed at lowering drug costs for Americans. The move reinforces the company's long-standing focus on US-based innovation, affordability, and global health leadership. Under the three-year agreement, Gilead agreed to all requests by President Trump to adopt a new pricing strategy that prioritizes American patients. The goal is to ensure the US no longer carries a disproportionate share of global healthcare costs. The agreement also supports America's role in global health and biomedical innovation. It builds on Gilead Sciences, Inc. (NASDAQ:GILD)'s recently announced partnership with the US Department of State to provide its breakthrough HIV prevention medicine, lenacapavir, at no profit to up to two million people in the countries most affected by the disease over the next three years. Daniel O'Day, Chairman and Chief Executive Officer, Gilead Sciences, made the following statement: Show less Read more
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