National Institutes of Health Kickstarts Gilead Sponsored Trials For Twice-Yearly HIV Prevention Injection
Portfolio Pulse from Vandana Singh
The National Institutes of Health (NIH) has initiated two clinical trials to evaluate Gilead Sciences' long-acting HIV prevention injection, lenacapavir. These trials will focus on cisgender women and people who inject drugs. Gilead Sciences (NASDAQ:GILD) is sponsoring and funding the studies, which are part of the HIV Prevention Trials Network (HPTN). The trials will assess the safety, acceptability, and pharmacokinetics of lenacapavir, which is administered every six months. GILD shares are up 1.06% following the announcement.
June 04, 2024 | 7:57 pm
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Gilead Sciences is sponsoring NIH trials for its long-acting HIV prevention injection, lenacapavir. The trials will focus on cisgender women and people who inject drugs. GILD shares have risen 1.06% following the news.
The initiation of clinical trials for lenacapavir, a novel long-acting HIV prevention injection, is a significant development for Gilead Sciences. The trials' focus on underrepresented groups and the potential for lenacapavir to be administered every six months could lead to increased adoption and market share. The positive market reaction, with shares up 1.06%, reflects investor optimism.
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IMPORTANCE 80
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