Tag Archives: Gilead Sciences

Gilead Sciences – US biopharmaceutical stock uptick during Covid-19 fear porn

I was looking at this page – SARS-CoV-2 Coronavirus and patents – on the ABG (European IP firm) firm site.
It mentions Gilead Sciences. This got me interested in GILD’s current stock price. $70.11
http://investors.gilead.com/stock-information/stock-quote-chart

…Gilead Sciences, a US biopharmaceutical company that holds several patents and patent applications for potential treatments of coronavirus infections. For example, the international patent application WO 2017/049060 A1, on behalf of this company, contains claims generically addressed to the use of remdesivir in infections caused by viruses of the Coronaviridae family, to which coronaviruses belong

1 year window. Jan 2020 around $65, to a peak of $81.GILD-Chart

The Pharmaceutical Industry: Why Your Drugs Cost So Much

This is a brief overview of the entire pharmaceutical industry. It includes an examination of the financial records of 14 of the world’s largest pharmaceutical companies over an 11 year period
“…went over records of 14 of these major pharmaceutical companies, going back 11 years 2003 to 2013…$4.44 Trillion in Revenue…$735 Billion on research…$1.3 Trillion on marketing…their profits, $853 Billion…”
http://www.truecostofhealthcare.org/the_pharmaceutical_industry