Gilead shares are trading lower after the company's Phase 3 TROPiCS-04 study missed its primary endpoint of overall survival.
Portfolio Pulse from Benzinga Newsdesk
Gilead shares are trading lower after the company's Phase 3 TROPiCS-04 study missed its primary endpoint of overall survival.
May 30, 2024 | 8:46 pm
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NEGATIVE IMPACT
Gilead shares are trading lower after the company's Phase 3 TROPiCS-04 study missed its primary endpoint of overall survival.
The failure of the Phase 3 TROPiCS-04 study to meet its primary endpoint is a significant setback for Gilead, likely leading to a negative short-term impact on its stock price as investors react to the news.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100