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Stock impact report

Gilead tanks on report its coronavirus drug doesn't help patients [MSN Money]

Moderna, Inc. (MRNA) 
Last moderna, inc. earnings: 2/26 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: marinabio.com/investor-relations
Company Research Source: MSN Money
Biotech firmGilead ScicSTAT © Associated PrsA summary of the trial's rults was accidtally uploaded to the WHO's website on Thursday, STAT reported. The data from the study conducted in China suggted Gilead's remdivir compound showed "pottial befit" in treating coronavirus, Gilead said in a statemt.Load ErrorThe report revealed the drug failed to accelerate improvemt in patits or keep them from dying, STAT said.  Trading of Gilead shar was temporarily halted soon after the report's release as invtors dumped the stock."We believe the post included inappropriate characterizations of the study. Importantly, because this study was terminated early due to low rollmt, it was underpowered to able statistically meaningful conclusions," Gilead said in a statemt, adding that low rollmt in the study led to its premature termination.Read more: favorite invtmts for the next decade"In rponse to WHO asking for information and studi to be shared early, a draft documt was provided by the authors to WHO Show less Read more
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