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Gilead CAR-T Joins Billion-Dollar Club As Biktarvy Sales Cross $10bn Mark

Veklury Declines As COVID-19 Demand Eases

 
• By Alaric DeArment

Yescarta surged ahead of competitors Kymriah and Breyanzi, helping Gilead’s oncology sales exceed $2bn, while the company reported the strongest sales in its HIV-dominated core business since 2015.

Gilead Sciences announced its Q4 and FY 2022 earnings on 2 February • Source: Shutterstock

Gilead Sciences, Inc. posted strong revenue growth for the fourth quarter and full year 2022, reporting rapidly growing sales, especially for its top-selling cancer cell therapy and its HIV products, even as sales of its COVID-19 drug, Veklury (remdesivir), continued to see steep declines that appeared to track an overall weakening for the pandemic category across the industry.

The Foster City, CA-based drug maker announced its earnings for 2022 on 2 February, reporting total sales for the fourth quarter of $7.4bn, up 2% from $7.2bn in the comparable period of 2021, and annual sales of $27

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