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Gilead Maintains Optimistic Outlook For Yescarta Despite Slow Growth

 
• By Joseph Haas

Gilead projects roughly $200m in sales growth for its CAR-T product Yescarta, despite the drug’s modest $6m sequential growth during the fourth quarter. For 2019 overall sales, the company projects slight growth, if any.

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Yescarta is supposed to lead a new therapeutic focus for Gilead Sciences Inc. as the company moves away from an emphasis on antiviral blockbusters, but the CAR-T therapy yielded only modest sequential growth of $6m between the third and fourth quarters of 2018, putting in question the company’s projection of roughly $200m in sales growth for the cancer drug in 2019.

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