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Thursday, April 16, 2020

Gilead up 6% after hours on remdesivir buzz in COVID-19

STAT reports that preliminary results from a study in Chicago evaluating Gilead Sciences’ (NASDAQ:GILD) remdesivir in severely ill COVID-19 patients are positive with rapid recoveries in fever and respiratory symptoms observed and almost all patients discharged in less than a week.
The news is lifting shares, up 6% after hours, a welcome bit of good news on the heels of two canceled studies in China due to low enrollment.
https://seekingalpha.com/news/3561503-gilead-up-6-after-hours-on-remdesivir-buzz-in-covidminus-19

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