Milligan’s Retirement Means New CEO For New Gilead

While Milligan’s year-end departure topped the news, Gilead posted solid sales growth for Yescarta, got the HIV franchise back to growth and saw HCV’s decline largely stabilize. CSO McHutchison, meanwhile, predicted that selonsertib could be first to market in NASH.

Businessman covering his face using a white paper with drawn question mark, like a mask, for hiding his identity. Isolated gray wall background.

While Gilead Sciences Inc. posted solid financials during the second quarter, the surprise announcement that President and CEO John Milligan is stepping down at the end of 2018 shifted focus from the company's past performance to its path forward.

Chairman John Martin also announced during Gilead's July 25 second quarter earnings investor call that he will step down from...

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