82.7 F
New York
Friday, July 30, 2021

Gilead Sciences Inc. [NASDAQ: GILD] Shares Data Regarding HIV-1 Capsid Inhibitor Lenacapavir (GS-6207)

Must read

Ucommune [NASDAQ: UK] Ink Cooperation Agreement with Beijing Investment Group

Ucommune International Ltd. inked a cooperation agreement with Beijing Investment Group Co., LTD. Beijing Investment is a fully state-owned land developer associated with...

Lion Electric [NYSE: LEV] all Set to Deliver Two Electric Trucks to Green Mountain Power

The Lion Electric Company revealed on Friday that it is preparing to deliver two of its all-electric trucks to Green Mountain Power (GMP)...

Digital Realty [NYSE: DLR] Considering Developing 64 MW Facility in South Korea

Digital Realty Trust, Inc. has shown its intention to build the 64-megawatt facility in Seoul, South Korea. The firm has decided that the...

Why Shares of IZEA Worldwide [NASDAQ: IZEA] Skyrocketing Today?

Shares of IZEA Worldwide, Inc. surged 8.10% at the time of writing on Wednesday. The strong performance of the firm has highlighted the...

Gilead Sciences Inc. [NASDAQ: GILD] today released data from an ongoing phase 1 study of Lenacapavir (GS-6207). The supporting data disclosed that a novel inhibitor of HIV-1 capsid function, lenacapavir (GS-6207), maintained treatment for at least six months following a single 900 mg dose.

The study disclosed that the Lenacapavir exhibited no negative effect. Lenacapavir is developed as a component of a long-acting regimen in combination with other antiretroviral agents. Lenacapavir damages the HIV capsid, a multimeric shell that help in viral replication throughout the viral life cycle.

The safety and effectiveness of Lenacapavir were studied in various clinical studies and have not yet been established. Lenacapavir has not gained approval from the US Food and Drug Administration yet and its safety and efficacy are not yet known.

Gilead’s shares traded up 0.38% and up +0.29 during the last trading session of Thursday. It has closed at $76.35. GILD has a gross margin of 79.40%, a profit margin of 21.80%, and an operating margin of 19.60%.

It has day low and day high range of 75.65-76.35, respectively. Gilead Sciences Inc has moved up 25.39% from its 52-weeks low and moved down -11.19% from its 52-weeks high. Its retrun on equity (ROE) is 22.60%, return on assets (ROA) is 8.10% and return on investment (ROI) is 9.50%.

More articles

Latest article

BIT Mining [NYSE: BTCM] Ink Purchase Agreement to Buy Bitcoin Mining Machine

BIT Mining Limited has inked a purchase agreement to increase the fleet of bitcoin mining machines. As per the new purchase agreement, the...

Dyadic International [NASDAQ: DYAI] Inks Licensing Agreement with the Rubic Consortium

Dyadic International, Inc. disclosed that it has inked a COVID-19 vaccine technology transfer and licensing agreement with the Rubic Consortium. It has been...

Binance, FTX Cut Leverage Limits on Crypto Futures Trading to 20x

Two major cryptocurrency trading platforms Binance Futures and FTX disclosed on Monday that they both have made a remarkable decision related to the crypto...

TD Holdings [NASDAQ: GLG] Inks Letter of Intent with Guangdong Jinbochuang

TD Holdings, Inc. has inked a letter of intent (LOI) with Guangdong Jinbochuang Special Purpose Vehicle Co., Ltd. and (Jinbochuang) and Hunan Jinmeike...

ASGN [NYSE: ASGN] Acquire IndraSoft Inc

ASGN Incorporated disclosed that it has acquired IndraSoft Inc. IndraSoft Inc has gained recognition as a prominent cybersecurity and digital transformation solutions offeror...

Link Reservations Decides to Accept Bitcoin/Crypto Payments

Link Reservations Inc disclosed Friday that it has decided to start accepting Bitcoin and cryptocurrency payments. This is the major breakthrough for the firm...

Athene [NYSE: ATH] Announces Acquisition of Foundation Home Loans

Athene Holding Ltd. disclosed on Thursday that it has inked a definitive agreement to purchase Foundation Home Loans (FHL). FHL had a £3...

Ping [NYSE: PING] and Anexinet Announces Partnership

Ping Identity Holding Corp. and Anexinet Corporation have both entered into a partnership agreement. The collaboration will integrate Ping Identity’s centralized Identity Access...