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via seekingalpha.comBusiness & Companies

Gilead hits mid-stage trial success for oral ulcerative colitis therapy

FROM THE WIRE · SEEKINGALPHA.COM

[Maker Of Coronavirus Trial Drug Remdesivir, Gilead Sciences. Inc., Reports Positive Data Coming From Trials] Justin Sullivan/Getty Images News Gilead Sciences (GILD [https://seekingalpha.com/symbol/GILD]) on Monday announced that its oral bowel disease therapy emvistegrast…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishA positive phase 2 result can support Gilead's shares and expectations for its pipeline.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01The phase 2 SWIFT study met its primary endpoint for emvistegrast.
  2. 0266% of patients on 200 mg achieved clinical response versus 37% on placebo.
  3. 0331% of patients achieved clinical remission versus 8% off-drug.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
Gilead Sciences, Inc.GILDStock154.57 USD-0.31%today -1.03%Positive
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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