FDA Approval of Yeztugo
Yeztugo, a twice-yearly injectable for HIV prevention, received FDA approval, marking a milestone in HIV treatment and prevention. The launch has seen high early uptake and awareness among healthcare providers.
Strong HIV Sales Growth
HIV product sales grew 7% year-over-year, driven by demand for Biktarvy and Descovy, which saw 9% and 35% growth respectively.
Positive Clinical Developments
Back-to-back positive Phase III results for Trodelvy in metastatic triple-negative breast cancer were announced, emphasizing its potential in first-line treatment settings.
Increased Revenue and EPS Guidance
Due to strong performance, Gilead has increased its revenue and EPS guidance for the full year.