Why Is the Stock Market Hanging Its Hopes on Gilead's Remdesivir? [The Motley Fool]
Gilead Sciences, Inc. (GILD)
Last gilead sciences, inc. earnings: 4/30 04:01 pm
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Source: The Motley Fool
Probably never before in history has the stock market's fortunes hinged in large part on the fate of one drug. But here we are. All eyes are onGilead Sciences(NASDAQ:GILDTheDow Jones Industrial Averagereported encouraging resultsCOVID-9When another report inadvertently posted on the World Health Organization (WHO) website on April indicated that remdesivirdidn't provide a clinical benefitWhy is the stock market hanging its hopes on Gilead's remdesivir?Image source: Getty Images.First-mover advantageThere are quite a few candidates for treating COVID-9. More than 0 publicly traded companies are working on evaluating drugs that could potentially treat the novel coronavirus disease. Several of these are large drugmakers that are household names in the U.S., includingBayerEli LillyPresident Trump has spoken several times in press conferences about the potential for anti-malaria drugs chloroquine and hydroxychloroquine. Two reports, one in China for chloroquine and another in France for h
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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