Gilead and Merck ink collaboration agreement for Keytruda/Trodelvy breast cancer study

  • Gilead Sciences (NASDAQ:GILD) has entered into a clinical trial collaboration and supply agreement with Merck KGaA (NYSE:MRK) to evaluate the efficacy of Trodelvy in combination with Keytruda as a first-line treatment for certain patients with triple-negative breast cancer (TNBC).
  • Under the terms of the agreement, Gilead Sciences will sponsor a global Phase 3 trial to evaluate the combination in patients with locally advanced or metastatic TNBC.
  • Metastatic TNBC has the worst survival rate among breast cancer subtypes, and there is an urgent need for new therapies that improve patient outcomes, the companies highlighted.

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    For this year Gilead Sciences 's (located in Foster City) revenue will be around 26.5 billion USD. This is according to the average of the analysts' estimates. This is slightly more than 2021's revenue of 24.69 billion USD.

    Historical revenues and results Gilead Sciences plus estimates 2021

    beurskoers

    The analysts expect for 2021 a net profit of 10.24 billion USD. According to most of the analysts the company will have a profit per share for this book year of 8.11 USD. Based on this the price/earnings-ratio is 8.29.

    Huge dividend Gilead Sciences

    Per share the analysts expect a dividend of 2.77 USD per share. Thus the dividend yield equals 4.12 percent. The average dividend yield of the biotech companies equals an attractive2.64 percent.

    Based on the current number of shares Gilead Sciences 's market capitalization equals 85.08 billion USD. 15

    On Monday the stock closed at 67.2 USD.

    Historical stock prices Gilead Sciences period 2007-2021

    stock analysis gileadsciences

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