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Benzinga

Business

Akanksha Bakshi

Gilead Sciences Q1 Results Surpass Street Expectation, FY22 Outlook Midpoint Trails Consensus

Gilead Gilead Sciences GILD Nasdaq

Gilead Sciences, Inc. (NASDAQ:GILD) reported first-quarter revenue growth of 3% year-over-year to $6.59 billion, beating the consensus of $6.28 billion.

The increase is attributed to demand for Biktarvy® and Veklury®, partially offset by the loss of exclusivity for Truvada® in the United States and unfavorable pricing dynamics for hepatitis C virus products.

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Indiana Measles Cases Reach 45 as Adams County Cases Double and Wayne County Remains the Largest Cluster

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One subscription that gives you access to news from hundreds of sites

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