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Gilead Stock Surges on Strong Results in HIV Drug Study [Yahoo! Finance]
Last gilead sciences, inc. earnings: 4/30 04:01 pm
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US:NASDAQ Investor Relations: investors.gilead.com
Gilead said the test results were so significant an independent monitor recommended the company give the drug to all participants. More testing is needed before Gilead can apply to the U.S. Food and Drug Administration for approval. Shares of Gilead surged Thursday following the news. Gilead Sciences ( GILD ) surged over 8% in intraday trading Thursday as the biotech firm announced a Phase 3 trial found its injectable lenacapavir was 100% effective in preventing HIV infection in women. Gilead noted that the results were so successful that the independent Data Monitoring Committee (DMC) recommended that the company end the blind phase of the study and offer lenacapavir to all of the participants. Zero HIV Infections Among Women Who Took Gilead's Lenacapavir The trial found zero cases of HIV infection among the 2,134 women who received the treatment, versus several cases among those who took Gilead's current HIV pills, Truvada and Descovy. Truvada was the first pre-exposure
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