Gilead’s quarterly revenue increases 26% on remdesivir sales By Reuters

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© Reuters. The pharmaceutical company Gilead Sciences Inc is seen during the outbreak of the coronavirus disease (COVID-19), in California

(Reuters) – Gilead Sciences Inc (NASDAQ 🙂 posted a 26% increase in quarterly revenue on Thursday, helped by sales of its antiviral drug, remdesivir, which is licensed to treat COVID-19 patients worldwide. . Remdesivir generated $ 1.9 billion in the fourth quarter ending December 31, above analysts’ estimates of $ 1.34 billion, according to Refinitiv IBES data.

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