Strong Base Business Performance
Base business sales of $6.9 billion grew 4% year-over-year, driven by strong growth in Biktarvy, Descovy, Livdelzi, and Trodelvy. Total product sales grew 2% year-over-year to $7.1 billion.
Successful Launch of Yeztugo
FDA approval of lenacapavir (Yeztugo) as the first twice yearly injection for HIV prevention. Yeztugo's launch has been described as one of the best-planned commercial launches with significant early awareness and access gains.
Trodelvy Positive Phase III Results
Trodelvy demonstrated highly statistically significant and clinically meaningful efficacy in the first-line setting for metastatic triple-negative breast cancer.
Increased Full-Year Guidance
Full-year revenue and EPS guidance have been increased due to strong commercial execution and operational discipline.
Positive Momentum in HIV Market
HIV sales grew 7% year-over-year. Biktarvy sales grew 9% to $3.5 billion, and Descovy sales surged 35% to $653 million.
Positive CHMP Opinion for Yeztugo
The European Medicines Agency's CHMP issued a positive opinion for lenacapavir, indicating strong international growth potential.