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Gilead Oncology Sales Take Off As Veklury’s Come Down To Earth

Q2 Saw Cancer Drug Sales Up 71%

 
• By Alaric DeArment

As expected, the COVID-19 drug’s sales fell significantly, though it remains in frequent use among hospitalized patients. Meanwhile, oncology drug sales broke the half billion-dollar mark.

Gilead reported its second quarter 2022 sales • Source: Shutterstock

Gilead Sciences, Inc.’s oncology business made its biggest contribution yet to the company’s sales as revenue from the COVID-19 drug Veklury (remdesivir) fell in the second quarter, while sales of the company’s HIV drugs continued to see a return to growth.

The drug maker reported its second quarter sales and earnings on 2 August, with total revenues of $6

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