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November 23, 2009 6:50 AM ET

Gilead Sciences Inc.

(GILD:NASDAQ)

LAST $46.39 USD
CHANGE TODAY 0.00 0.00%
VOLUME 0.0
As of November 20, 2009 All times are local (Market data by Reuters is delayed by at least 15 minutes).

Snapshot of Gilead Sciences Inc. (GILD)

OPEN
--
PREVIOUS CLOSE
$46.39
DAY HIGH
--
DAY LOW
--
52 WEEK HIGH
02/4/09 - $53.28
52 WEEK LOW
03/12/09 - $40.62
MARKET CAP
41.7B
AVERAGE VOLUME 3 mo
6.1M
DILUTED EPS TTM
$2.56
SHARES OUTSTANDING
899.9M
GILD Does Not Pay Dividends
P/E TTM
18.1x
K = Thousands  M = Millions  B = Billions

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GILD Details

Gilead Sciences, Inc., a biopharmaceutical company, engages in the discovery, development, and commercialization of therapeutics for the treatment of life-threatening infectious diseases. Its products include Truvada, Viread, Atripla, and Emtriva for the treatment of human immunodeficiency virus infection in adults; Hepsera, an oral formulation for the treatment of chronic hepatitis B; AmBisome, amphotericin B liposome injection to treat serious invasive fungal infections; Flolan, an injected medication for the long-term intravenous treatment of primary pulmonary hypertension and pulmonary hypertension; and Vistide, an antiviral medication for the treatment of cytomegalovirus retinitis in patients with acquired immunodeficiency syndrome (AIDS). The company also offers Tamiflu, an oral antiviral for the treatment and prevention of influenza A and B; Macugen, an intravitreal injection for the treatment of neovascular age-related macular degeneration; Letairis, an endothelin receptor antagonist for the treatment of pulmonary arterial hypertension in patients with WHO Class II or III symptoms; and Cicletanine, which is being evaluated for the treatment of pulmonary arterial hypertension. Gilead Sciences has operations in North America, Europe, and Australia. The company has research collaborations with Abbott Laboratories, Inc.; Novartis Institutes for BioMedical Research, Inc.; Novartis Vaccines and Diagnostics, Inc.; Genelabs Technologies, Inc.; Achillion Pharmaceuticals, Inc.; Japan Tobacco, Inc.; Parion Sciences, Inc.; LG Life Sciences, Ltd.; and University of Texas System. It also has commercial collaborations with Astellas Pharma, Inc.; Emory University; F. Hoffmann-La Roche, Ltd.; Pfizer, Inc.; Dainippon Sumitomo Pharma Co., Ltd.; OSI Pharmaceuticals, Inc.; GlaxoSmithKline, Inc.; Japan Tobacco, Inc.; and Bristol-Myers Squibb Company. The company was founded in 1987 and is headquartered in Foster City, California.

GILD Top Compensated Officers

Chairman of the Board and Chief Executive Off...
Age: 57
Total Annual Compensation: $1.1M
President and Chief Operating Officer
Age: 48
Total Annual Compensation: $728.0K
Chief Financial Officer, Principal Accounting...
Age: 46
Total Annual Compensation: $454.8K
Chief Scientific Officer and Executive Vice P...
Age: 53
Total Annual Compensation: $653.8K
Executive Vice President of Commercial Operat...
Age: 51
Total Annual Compensation: $557.5K
Compensation as of Fiscal Year 2008.

Key developments for Gilead Sciences Inc. (GILD)

Gilead Sciences Inc. - Conference Presentation Call

To provide an overview of the company

Gilead Sciences Announces Plans for Phase IV Clinical Trial on Combination Therapy Versus Monotherapy

Gilead Sciences Inc. in collaboration with GlaxoSmithKline announced plans for an international, event-driven (morbidity and mortality) clinical trial to study combination therapy versus monotherapy in a first-line treatment setting for pulmonary arterial hypertension (PAH). The study, AMBITION (a randomized, double-blind, multicenter study of first-line combination therapy with AMBrIsentan and Tadalafil in subjects with pulmonary arterial hypertensION), will evaluate first-line combination use with ambrisentan, an endothelin receptor antagonist (ERA) and tadalafil, a PDE5 inhibitor, in patients with PAH. Ambrisentan is approved under the tradename Letairis(R) (ambrisentan 5 mg and 10 mg tablets) as a once-daily treatment for PAH (WHO Group 1) in patients with WHO functional class II or III symptoms to improve exercise capacity and delay clinical worsening. AMBITION will be a double-blind, multicenter study, in which more than 300 treatment-naive PAH patients will be randomized to receive either the combination of ambrisentan and tadalafil or monotherapy (ambrisentan or tadalafil). Gilead and GSK are working with regulatory agencies and the PAH research community to finalize details of the study and plan to begin enrollment in 2010.

Gilead Announces Long-Term Data from Two Pivotal Phase III Studies Evaluating Viread(R) For Chronic Hepatitis B

Gilead Sciences Inc. announced the presentation of three-year (144-week) open label data from two pivotal Phase III clinical trials, Studies 102 and 103, evaluating the safety and efficacy of once-daily Viread(R) (tenofovir disoproxil fumarate) among adult patients with chronic hepatitis B virus (HBV) infection. These data will be presented at the annual meeting of the American Association for the Study of Liver Diseases (The Liver Meeting 2009) being held this week in Boston, October 30-November 3. These new data show that the majority of patients who received Viread for up to 144 weeks experienced sustained suppression of HBV DNA levels in the blood to below 400 copies/mL (87% in Study 102 and 71% in Study 103). Additionally, cumulatively over 144 weeks, 8% of all patients in Study 103 (HBeAg-positive) experienced 's' antigen (HBsAg) loss, which can contribute to resolution of chronic hepatitis B infection. Notably, no mutations associated with resistance to Viread developed in any patients up to 144 weeks of treatment. Clinical practice guidelines recommending Viread as a first-line therapy for the treatment of chronic hepatitis B were issued earlier this year by both the American Association for the Study of Liver Diseases and the European Association for the Study of the Liver. The U.S. Food and Drug Administration (FDA) approved Viread for chronic hepatitis B in adults in 2008 based on earlier (48-week) results from Studies 102 and 103, and recently approved the inclusion of 96-week data in the product's label.

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GILD Competitors

Company Last Change
Allergan Inc $58.62 USD -0.03
Becton Dickinson and Co $73.70 USD +0.24
Biogen Idec Inc $46.38 USD +0.53
Forest Laboratories Inc $29.57 USD +0.46
Mylan Inc $17.55 USD +0.12
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Industry Analysis

Valuation GILD Industry Range
Price/Earnings 17.9x
Price/Sales 6.5x
Price/Book 7.4x
Price/Cash Flow 17.2x
TEV/Sales 6.1x

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