Gilead shares are trading higher after the company announced results from an interim analysis of a Phase 3 trial, showing Lenacapavir demonstrated 100% efficacy for HIV prevention and superiority to daily Truvada.
Portfolio Pulse from Benzinga Newsdesk
Gilead shares are trading higher following positive interim results from a Phase 3 trial, where Lenacapavir showed 100% efficacy for HIV prevention and outperformed daily Truvada.
June 20, 2024 | 12:52 pm
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POSITIVE IMPACT
Gilead's stock is experiencing an uptick due to positive interim results from a Phase 3 trial, where Lenacapavir demonstrated 100% efficacy in HIV prevention, surpassing daily Truvada.
The positive interim results from the Phase 3 trial are likely to boost investor confidence in Gilead's HIV prevention portfolio, leading to a short-term increase in stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100