Strong Revenue Growth
Total product sales, excluding Veklury, increased 8% year-over-year to $26.8 billion, with fourth quarter sales up 13% year-over-year to $7.2 billion. HIV sales grew 8% in 2024 to $19.6 billion, surpassing expectations.
HIV Market Leadership
Full year sales for Biktarvy grew 13%, capturing over 50% of the U.S. market. Descovy maintained over 40% U.S. market share in PrEP, showing strong growth despite competition.
Successful Launch of Livdelzi
Livdelzi, launched in the United States for primary biliary cholangitis, achieved strong sales of approximately $30 million in the fourth quarter, exceeding expectations.
Oncology Growth
Trodelvy sales increased 19% year-over-year in the fourth quarter, with a full year increase of 24% to $1.3 billion. Cell therapy sales for Kite reached $2 billion, treating over 7,000 patients in 2024.
Pipeline Advancements
Gilead filed for lenacapavir approval for HIV prevention and achieved a breakthrough therapy designation. The company also highlighted progress in oncology trials and new cell therapy initiatives.