Gilead Sciences saw stronger-than-expected growth in its HIV business in 2024 as the company looks ahead to the launch of lenacapavir, its twice-yearly injectable drug for pre-exposure prophylaxis (PrEP) of HIV. However, it expects changes under the Inflation Reduction Act to put pressure on its HIV drug sales.
Gilead’s HIV Business Surges While Potential Lenacapavir Launch Looms
Competitive pressure saw growth in the company’s oncology business slow, but it said it has made progress in making cell therapy available to some community oncology clinics.
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