Gilead takes legal action over 'fake' versions of HIV drugs

30 September 2022

US biotech Gilead Sciences (Nasdaq: GILD) has filed an anti-counterfeiting lawsuit against pharmaceutical suppliers and distributors for selling what it describes as ‘fake’ versions of its HIV medications.

Court documents unsealed this week show that a New York federal judge has frozen the assets of several people and entities for allegedly running a nationwide scheme to distribute counterfeit versions of the drugs.

The defendants are accused of selling, marketing and distributing hundreds of millions of dollars’ worth of these counterfeit medications, which are for people living with HIV and provide pre-exposure protection for high-risk patients.

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