Gilead says draft of coronavirus treatment results contains 'inappropriate characterization' and are 'inconclusive' [CNBC]
Gilead Sciences, Inc. (GILD)
Last gilead sciences, inc. earnings: 4/30 04:01 pm
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Source: CNBC
Gilead Sciences said that a draft document showing disappointing results from a closely watched clinical trial of the company's treatment for the coronavirus contained "inappropriate characterizations" and that the study's findings were "inconclusive." Shares of the biotech firm fell 4% in intraday trading Thursday after the Financial Times reported that antiviral drug remdesivir did not improve Covid-19 patients' conditions or reduce the virus' presence in the bloodstream in a clinical trial in China. The report, citing a draft document that was accidentally published by the World Health Organization and has since been removed, also said the drug showed significant side effects, and some patients were taken off of it. "We regret that the WHO prematurely posted information regarding the study, which has since been removed. The investigators in this study did not provide permission for publication of results," a Gilead spokesperson said in a statement to CNBC. "Furthermore, we believe
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News
- Gilead Sciences (NASDAQ:GILD) had its price target raised by analysts at Royal Bank Of Canada from $100.00 to $103.00. They now have a "sector perform" rating on the stock.MarketBeat
- Gilead Sciences Earnings Preview: What to Expect [Yahoo! Finance]Yahoo! Finance
- Cell and Gene Therapy Investment Trends Strategic Intelligence Report 2025-2031: Yescarta from Gilead Sciences and Zolgensma from Novartis Generated $1.5 Billion and $1.2 Billion in 2024 Sales [Yahoo! Finance]Yahoo! Finance
- Gilead Sciences (NASDAQ:GILD) had its price target lowered by analysts at Royal Bank Of Canada from $105.00 to $100.00. They now have a "sector perform" rating on the stock.MarketBeat
- Gilead Sciences (NASDAQ:GILD) had its price target raised by analysts at The Goldman Sachs Group, Inc. from $110.00 to $115.00. They now have a "neutral" rating on the stock.MarketBeat
GILD
Earnings
- 10/30/25 - Beat
GILD
Sec Filings
- 1/16/26 - Form 4
- 1/16/26 - Form 4
- 1/15/26 - Form 144
- GILD's page on the SEC website