Gilead confident on Biktarvy as big year awaits
When Gilead Sciences (Nasdaq: GILD) presents its annual results on Monday, there will be a few eyes on the latest sales of Biktarvy (bictegravir/emtricitabine/tenofovir alafenamide), a drug that won US approval a year ago to treat HIV-1 infection in treatment-naïve adults.
European approval followed in the summer and Biktarvy quickly became the company’s lead growth driver.
In the third quarter of 2018, the product’s sales had already reached $386 million, and analysts have predicted that peak annual sales could be between $5 billion and $10 billion.
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