Gilead Sciences Reaches Agreement In Principle To Settle Federal TDF Litigation For Up To $40M
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Gilead Sciences has reached an agreement in principle to settle federal TDF litigation for up to $40 million. This settlement aims to resolve claims related to the company's TDF-based medications.
June 04, 2024 | 12:37 pm
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Gilead Sciences has reached an agreement in principle to settle federal TDF litigation for up to $40 million. This settlement aims to resolve claims related to the company's TDF-based medications.
The settlement of the federal TDF litigation for up to $40 million is a significant legal resolution for Gilead Sciences. This move could potentially remove a major overhang on the stock, leading to a positive short-term impact on GILD's stock price.
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