Gilead Says Trial Of Antiviral Remdesivir Shows ‘Positive Data’ In Coronavirus Patients

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Gilead Says Trial Of Antiviral Remdesivir Shows ‘Positive Data’ In Coronavirus Patients
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Additional details are expected later Wednesday.

Gilead Sciences, Inc. said Wednesday it was “aware of positive data” from a federal trial of the experimental drug remdesivir in treating COVID-19 patients, resulting in a trading halt for Gilead’s stock⁠—and further details are expected to be announced later in the day.

In a separate Wednesday press release, Gilead announced initial results from its own remdesivir study on giving patients five days of the drug versus 10 days of the drug, and found outcomes were about the same.

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