Member access

4-Traders Homepage  >  Shares  >  Nasdaq  >  Gilead Sciences, Inc.    GILD   US3755581036

GILEAD SCIENCES, INC. (GILD)

419
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector news 

Gilead Sciences, Inc. : FDA Panel Backs Gilead's HIV 'Quad' Medicine

05/11/2012 | 03:06pm US/Eastern
   By Jennifer Corbett Dooren 
   Of  
 

A federal advisory panel Friday backed an experimental Gilead Sciences Inc. (GILD) HIV medicine known as the Quad.

The company is seeking approval from the Food and Drug Administration to market the product, which combines four active ingredients into one pill, meant to be taken once daily.

The medicine was reviewed on Friday by the agency's antiviral drugs advisory panel, which is made up of non-FDA medical experts. The panel voted 13 to 1 on a question that asked if the submitted clinical data supported approval of the drug. The panel vote amounts to a recommendation that the FDA approve the drug. The agency usually follows panel recommendations but isn't required to. The FDA is expected to make a decision by the end of August.

Quad is a combination of four active ingredients in one pill. It combines Gilead's double-drug Truvada, the drug elvitegravir and an agent that boosts blood levels of certain HIV drugs, cobicistat.

Gilead is hoping that the one-pill, once-daily Quad regimen will provide more convenience to HIV patients, many of whom now take multiple pills for treatment. Some analysts think it could become a blockbuster seller.

-By Jennifer Corbett Dooren; Dow Jones Newswires, 202-862-9294; jennifer.corbett@dowjones.com

React to this article
Latest news on GILEAD SCIENCES, INC.
04/16 GILEAD SCIENCES : Submits New Drug Application to U.S. Food and Drug Administrat..
04/10 GILEAD SCIENCES : Submits New Drug Application to U.S. FDA for Fixed-Dose Combin..
04/07 GILEAD SCIENCES : Submits New Drug Application to U.S. Food and Drug Administrat..
04/03DJActavis Seeking FDA Approval to Market Generic Version of Gilead Drug -- Upda..
04/03DJActavis Seeks OK for Generic Version of Gilead Drug
04/03DJActavis Seeking FDA Approval to Market Generic Version of Gilead Drug
04/02 GILEAD SCIENCES : Health Canada warns of side-effects from hepatitis C-heart dru..
04/01 GILEAD SCIENCES : Patent Issued for Processes and Intermediates for Preparing an..
03/31 GILEAD SCIENCES : Japan's Ministry of Health, Labour and Welfare OKs Gilead's So..
03/31 GILEAD SCIENCES : Canada Reports that Multiple Provinces Align to Supply Public ..
Advertisement
Chart
Duration : Period :
Gilead Sciences, Inc. Technical Analysis Chart | GILD | US3755581036 | 4-Traders
Income Statement Evolution
More Financials
Dynamic quotes  
ON
| OFF