Descovy garners HIV PrEP indication in USA
The US Food and Drug Administration has approved a pre-exposure prophylaxis (PrEP) indication for Gilead Sciences’ (Nasdaq: GILD) Descovy (emtricitabine/tenofovir alafenamide).
The green light for the drug, as an option to reduce the risk of sexually acquired HIV-1 infection, comes seven years after Gilead won approval for Truvada (emtricitabine/tenofovir disoproxil fumarate) in this indication.
Descovy, which was approved as a treatment for HIV in 2016, took in $1.6 billion sales for Gilead in 2018, up from $1.2 billion in 2017, whereas Truvada generated $3 billion in revenue.
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