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Yescarta One Of Few Gilead Bright Spots, And Now It Has A Competing CAR-T

 
• By Mandy Jackson

Yescarta is off to a strong launch, but with US FDA approval of Novartis' Kymriah in a similar indication it now it has a competing CAR-T product with a similar label. Gilead's HCV business declined as expected, but the HIV franchise had a worse Q1 than anticipated. 

Hitting bigger business target

First quarter sales for Gilead Sciences Inc.'s flagship HIV and hepatitis C franchises were below expectations on May 1 and now one of the few bright spots in the company's earnings report has a competing T-cell therapy with a similar indication.

Sales of Gilead's chimeric antigen receptor T-cell (CAR-T) therapy Yescarta (axicabtagene ciloleucel) came in at $40m for the first quarter of 2018, which was up from $7m in the fourth quarter of 2017 and more than doubled analyst consensus estimates of $19m

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