Gilead Keeps Focus On HIV, Long-Acting Drugs And Growth Through Oncology

Three Years On, Strategy Under CEO O’Day Is Unchanged

Feb 01 2023

• By Mandy Jackson

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Even with top-seller Biktarvy and its preventive therapy, Descovy, protected beyond this decade from generics, Gilead is investing aggressively in long-acting HIV candidates and its oncology pipeline.

Gilead headquarters in Foster City, CA — Gilead reports Q4 2022 earnings on 2 February • Source: Shutterstock

Ever since CEO Daniel O’Day took the helm and brought in new commercial and research leadership more than three years ago, Gilead Sciences, Inc. has made the case that it would maintain its dominance in HIV while investing to diversify and grow its revenue base by adding high-value cancer drugs to its portfolio. Gilead has encountered skepticism from investors along the way, but the strategy is unchanged, and management insists that is making progress.

Chief commercial officer Johanna Mercier noted in an interview with Scrip during the recent J.P. Morgan Healthcare Conference that “there's...

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