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Gilead’s Major Challenge Is Sustainable Model For Remdesivir

 
• By Joseph Haas

With efficacy data in hand, Gilead wants to balance economic sustainability with broad availability of remdesivir for COVID-19 patients. The firm did not alter guidance on Q1 earnings call.

Coronavirus
Gilead hopes to balance the costs of producing remdesivir with widespread availability

One day after two trials indicated remdesivir offers therapeutic benefit in patients hospitalized for COVID-19 infections, Gilead Sciences Inc.’s first quarter earnings call was dominated by discussion of the antiviral, including how the company might build a commercial business for treating the novel coronavirus.

Gilead did not update its revenue guidance for 2020 on the 30 April call, and said it saw roughly $200m...

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