Gilead stock pops 16% after report says coronavirus drug trial shows encouraging early results [CNBC]
Gilead Sciences, Inc. (GILD)
Last gilead sciences, inc. earnings: 4/30 04:01 pm
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Source: CNBC
Gilead Sciences shares popped by more than 16% in after-hours trading Thursday after details leaked of a closely watched clinical trial of the company's antiviral drug Remdesivir, showing what appears to be promising results in treating Covid-19. The University of Chicago's phase 3 drug trial found that most of its patients had "rapid recoveries in fever and respiratory symptoms" and were discharged in less than a week, health-care publication STAT News reported. "The best news is that most of our patients have already been discharged, which is great. We've only had two patients perish," University of Chicago infectious disease specialist Kathleen Mullane said, according to STAT News, which obtained a video of her remarks. Gilead didn't immediately respond to a request for comment. The University of Chicago Medicine recruited 125 patients with the virus into Gilead's two late-stage clinical trials, 113 of whom were severely ill. Gilead intends to enroll 4,000 people in its trials. Th
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