Gilead Signs Royalty-Free Voluntary Licensing Agreements With 6 Generic Manufacturers To Increase Access To Lenacapavir For HIV Prevention In Resource-Limited Countries
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Gilead Sciences has signed royalty-free licensing agreements with six generic manufacturers to produce and supply lenacapavir for HIV prevention and treatment in 120 low-income countries. Gilead will provide the drug at no profit until generics can meet demand.
October 02, 2024 | 12:31 pm
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Gilead Sciences has entered into agreements with six generic manufacturers to produce lenacapavir for HIV prevention and treatment in 120 low-income countries. This move aligns with Gilead's strategy to increase access to HIV medication globally.
The agreements are significant for Gilead as they align with the company's strategy to increase access to HIV medication globally. This could enhance Gilead's reputation and support its long-term growth strategy, potentially leading to a positive short-term impact on its stock price.
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