Veklury Still Keeping Gilead Above Water Amid Pandemic, Patent Expiries

HIV, Hepatitis Continue To See Sales Declines

Descovy saw a sales decline, though that was due to payer discounts for PrEP, with the drug’s market share continuing to grow.

Coronavirus globe
Amid the pandemic and other factors, Gilead's Veklury has played a key role in keeping the company's sales afloat • Source: Shutterstock

Gilead Sciences, Inc.’s COVID-19 drug Veklury (remdesivir) has continued serving as the main product keeping the company’s sales in the black as a variety of factors, ranging from the pandemic itself to loss of patent exclusivity on some products, has weighed on revenues.

The Foster City, CA-based biotech company announced its first quarter 2021 earnings on 29 April. Excluding Veklury, product sales were...

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