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Hot Stocks
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Gilead, Vir Biotechnology establish collaboration for chronic HBV »
08:11 01/12/21 01/1208:11 01/12/2108:11
GILD
Gilead
Vir Biotechnology
Gilead Sciences (GILD)… Gilead Sciences (GILD) and Vir Biotechnology (VIR) announced that the companies have entered into a clinical collaboration to evaluate novel therapeutic combination strategies aimed at developing a functional cure for chronic hepatitis B virus. The companies plan to initiate a Phase 2 trial evaluating combination therapy for both treatment-experienced and treatment-naive people living with HBV. The multi-arm trial will evaluate different combinations of selgantolimod, Gilead's investigational TLR-8 agonist; VIR-2218, Vir's investigational small interfering ribonucleic acid; and a commercially-sourced, marketed PD-1 antagonist. People in the trial with HBV treatment experience may also receive Gilead's Vemlidy. The primary outcome of the study will be the proportion of patients achieving a functional cure, defined as an off-therapy loss of hepatitis B surface antigen and HBV DNA from the serum. Both companies retain full rights to their individual product candidates and will discuss the potential path forward for any future combination studies based on the outcome of the Phase 2 trial. ShowHide Related Items >><<
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Hot Stocks
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Gilead, Vir collaborate to explore combination strategies for HBV cure »
08:10 01/12/21 01/1208:10 01/12/2108:10
GILD
Gilead
Vir Biotechnology
Gilead Sciences (GILD)… Gilead Sciences (GILD) and Vir Biotechnology (VIR) announced that the companies have entered into a clinical collaboration to evaluate novel therapeutic combination strategies aimed at developing a functional cure for chronic hepatitis B virus, HBV. The companies plan to initiate a Phase 2 trial evaluating combination therapy for both treatment-experienced and treatment-naive people living with HBV. The multi-arm trial will evaluate different combinations of selgantolimod, Gilead's investigational TLR-8 agonist; VIR-2218, Vir's investigational small interfering ribonucleic acid; and a commercially-sourced, marketed PD-1 antagonist. People in the trial with HBV treatment experience may also receive Gilead's Vemlidy. The primary outcome of the study will be the proportion of patients achieving a functional cure, defined as an off-therapy loss of hepatitis B surface antigen (HBsAg) and HBV DNA from the serum. Both companies retain full rights to their individual product candidates and will discuss the potential path forward for any future combination studies based on the outcome of the Phase 2 trial. "Gilead has a two-decade commitment to people with hepatitis B and we have worked tirelessly to bring new treatments forward with the goal of helping to improve their lives," said Anuj Gaggar, Vice President, Clinical Research, Virology at Gilead Sciences. "We believe that selgantolimod and VIR-2218 have the potential to be best-in-class therapeutics and could provide a compelling new combination approach to a functional cure for HBV." "We are enthusiastic about this collaboration," said Phil Pang, MD, PhD, Chief Medical Officer of Vir Biotechnology. "We believe a functional cure for the majority of patients will require a reduction of the levels of circulating viral proteins together with an immune boost to stimulate the production of new T-cells that can bring the infection under control. We believe that this collaboration with Gilead adds a novel and significant new combination to our efforts to find a cure for HBV." HBV affects more than 290 million people worldwide. Globally, HBV is a leading cause of liver cancer and each year it is estimated that more than 800,000 people die of HBV-related liver disease. While current antiviral therapies result in sustained HBV viral suppression, they rarely completely clear the virus and therefore people with HBV require lifelong therapy. The safety and efficacy of selgantolimod and VIR-2218 have not been established. They are investigational compounds, not approved by the U.S. Food and Drug Administration or any other regulatory authority. U.S. Important Safety Information and Indication for VEMLIDY ShowHide Related Items >><<
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Monday | ||||
Recommendations
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Piper says hard for Gilead investors to ascribe long-term value to Veklury »
14:30 01/11/21 01/1114:30 01/11/2114:30
GILD
Gilead
After Gilead raised its… After Gilead raised its 2020 product sales guidance by $1.075B, or 5%, at the midpoint relative to the outlook communicated in Q3, Piper Sandler analyst Tyler Van Buren noted that product sales excluding Veklury for COVID-19 would have been down 3% year-over-year, which is why he suspects shares are flat following the guidance hike. Veklury's unpredictability, along with competitive pressures from antibody products and hopeful waning of cases from the pandemic, make it hard for investors to ascribe long-term value to the franchise, said Van Buren, who views Trodelvy as the most important near-term driver of Gilead's value. He keep an Overweight rating and $80 price target on the shares. ShowHide Related Items >><<
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Options
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Gilead call volume above normal and directionally bullish »
13:05 01/11/21 01/1113:05 01/11/2113:05
GILD
Gilead
Bullish option flow… Bullish option flow detected in Gilead with 32,911 calls trading, 1.6x expected, and implied vol increasing almost 4 points to 31.35%. Jan-21 60 calls and Jan-21 65 calls are the most active options, with total volume in those strikes near 7,800 contracts. The Put/Call Ratio is 0.23. Earnings are expected on February 2nd. ShowHide Related Items >><<
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On The Fly
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Fly Intel: Pre-market Movers »
08:54 01/11/21 01/1108:54 01/11/2108:54
MESO
Mesoblast
Eli Lilly
Secoo Holding
500.com
Gilead
DexCom
Lululemon
NCR Corp.
Cardtronics
Check out this morning's… ShowHide Related Items >><<
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Earnings
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Gilead raises FY20 adjusted EPS view to $6.98 - $7.08 from $6.25 - $6.60 »
06:05 01/11/21 01/1106:05 01/11/2106:05
GILD
Gilead
FY20 consensus $6.61.… FY20 consensus $6.61. Raises FY20 product sales view to $24.3B-$24.35B from $23B-$23.5B, consensus $23.71B. ShowHide Related Items >><<
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Over a week ago | ||||
Hot Stocks
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Kite, Oxford BioTherapeutics enter research collaboration »
08:10 01/06/21 01/0608:10 01/06/2108:10
GILD
Gilead
Kite, a Gilead company,… Kite, a Gilead company, and Oxford BioTherapeutics, a clinical stage oncology company with a pipeline of immuno-oncology, or IO, and antibody-drug conjugate, or ADC-based therapies, announced that the companies have entered into a research collaboration to evaluate five novel targets for a number of hematologic and solid tumor indications. Through this collaboration, OBT will validate five novel oncology drug targets, previously identified using OBT's OGAP discovery platform, and generate antibodies against these targets. Kite and Gilead will have the exclusive right to develop and commercialize therapies based on these targets or antibodies. Under the terms of the agreement, OBT will receive an upfront payment and will be eligible to receive additional payments based on achievement of certain discovery, clinical and regulatory milestones, as well as royalties on future potential sales. ShowHide Related Items >><<
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Upgrade
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Gilead upgraded to Buy from Neutral at Guggenheim »
06:24 01/04/21 01/0406:24 01/04/2106:24
GILD
Gilead
Guggenheim analyst… Guggenheim analyst Whitney Ijem upgraded Gilead to Buy from Neutral. ShowHide Related Items >><<
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Options
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Unusually active option classes on open December 31st »
09:40 12/31/20 12/3109:40 12/31/2009:40
ENPH
Enphase Energy
Bilibili
Pershing Square Tontine Holdings
Lemonade
Freeport McMoRan
NIO Inc.
Gilead
Royal Caribbean
Amazon.com
Nano Dimension
Unusual total active… Unusual total active option classes on open include: Enphase Energy (ENPH), Bilibili (BILI), Pershing Square Tontine Holdings (PSTH), Lemonade (LMND), Freeport McMoRan (FCX), NIO (NIO), Gilead (GILD), Royal Caribbean (RCL), Amazon (AMZN), and Nano Dimension (NNDM). ShowHide Related Items >><<
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Recommendations
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Gilead price target lowered to $72 from $75 at Citi »
06:00 12/22/20 12/2206:00 12/22/2006:00
GILD
Gilead
Citi analyst Mohit Bansal… Citi analyst Mohit Bansal lowered the firm's price target on Gilead Sciences to $72 from $75 and keeps a Buy rating on the shares. The analyst updated his model model to reflect the recent decision to stop pursuing filgotinib in rheumatoid arthritis. While this impacts topline growth by 1% point, its impact on bottom-line is minimal due to associated cost savings, Bansal tells investors in a research note. The analyst thinks Gilead's new oncology business could drive growth and start to make the company "look attractive" as it gets back on the growth path starting in 2023. ShowHide Related Items >><<
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