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Monday, May 4, 2020

Gilead off intraday lows on WHO interest in wider use of remdesivir

Gilead Sciences (GILD +0.1%) has rebounded off session lows, albeit on below-average volume, on the heels of reports that the World Health Organization (WHO) plans to seek talks with the company about wider use of remdesivir in COVID-19.
The FDA gave its emergency use nod on Friday, May 1, the first antiviral approved for the respiratory infection anywhere in the world.
https://seekingalpha.com/news/3568445-gilead-off-intraday-lows-on-who-interest-in-wider-use-of-remdesivir

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