Your email has been successfully added to our mailing list.

×
0.00139694007268182 0.00210246536191521 0.00518112116947863 0.00146107873533952 0.00158550774089515 0.00992738220613906 0.00614320110934226 0.0027438519884909
Stock impact report

Remdesivir coronavirus treatment will need a 'sustainable model' to keep it accessible, Gilead CEO says [CNBC]

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: CNBC
Gilead Sciences is working to make experimental antiviral drug remdesivir accessible and affordable to coronavirus patients, but the company will eventually need to transition to a more "sustainable model," CEO Daniel O'Day said Friday. "We understand our responsibility both to patients and also to shareholders and we'll be balancing that," he said during an interview with CNBC's " Squawk Box. " Gilead has said it is prepared to donate 1.5 million doses of its drug to patients hospitalized with Covid-19. However, O'Day said the research and manufacturing of the drug require investment. Gilead spent $50 million on the research and development of remdesivir during the first quarter, the company disclosed in its earnings report Thursday. The company said it will spend as much as $1 billion for the year. "There is no playbook for this situation that we're in today," he said. "This is the time for us all as an industry, especially Gilead, to do the right thing." Gilead shares, which have a Show less Read more
Impact Snapshot
Event Time:
GILD
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for
GILD alerts

from News Quantified
Opt-in for
GILD alerts

from News Quantified