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BREAKING: Gilead Says "Positive Data" from Remdesivir Trial; NIAID to Brief

Published 04/29/2020, 08:36 AM
Updated 04/29/2020, 08:40 AM

By Geoffrey Smith 

Investing.com -- Gilead Sciences (NASDAQ:GILD) on Wednesday said it was "aware of positive data"  emerging from the National Institute of Allergy and Infectious Diseases’ (NIAID) study of its antiviral drug remdesivir for the treatment of COVID-19.

"We understand that the trial has met its primary endpoint and that NIAID will provide detailed information at an upcoming briefing," the company added. 

Remdesivir, which has not yet been approved for use anywhere, has been touted as one of the most promising potential cures for the Covid-19 virus. 

Latest comments

Inane “possitive data” and “primary endpoint”, basically it means what just said is up to your imagination or wish, so the market got hyped as intended.
this are 50% lies40% marketing10% effect
Down with Gilead the lying company and friendd of the WHO deserve to go out of business.
We live in strange times, fundamental stock market dont exists any more, its the ultimate Matrix!
covid 19 is a hoax ! 2018  — An estimated 80,000 Americans died of flu and its complications last winter — the disease’s highest death toll in at least four decades.
60,000 have died in 2.5 months from covid 19. That's 75% of the death toll in 20% of the time.
 and those tests from china show specifically COVID 19 as the cause of deaths ha ? lol
....and miraculously, the death toll from heart disease, stroke, pulmonary and diabetes has plummeted. Such a coincidence.
after drincking bleacher we have to shave us> good luck!
LOL! Another scam leak. It is incredible how quick everyone seems to forget that within the last two weeks, an obviously strategic "leak" of false information about a Gilead cure has manipulated the markets at just "the right time", and then, when the scam was uncovered, what happened? Nothing. The markets apparently shrugged it off with complete denial when the news came out last week, that the "hope leak" on Friday 17 had been falsified information, with no confirming data behind it. Now it is happening all over again. Nothing learned. Completely manipulated news and markets. Stay away from it. Invest into real-estate, into land, into businesses directly. I would give every small business capital which will work hard to make it back, than buying a single stock of mega-caps listed major indices, so easily manipulated by gov, fed, controlled news, controlled market makers, controlled everything. The markets no longer function as "free" markets. They are now "bought" markets. Stay away!
Classic case of confirmation bias taking over rational thiking, also why take a chance, this time it may be true, FOMO?
it's not Gilead. banks want it up, so govt ask Gilead to release something. the house chooses which way to go, then find some news to justify it so it doesn't look too illegal.
Don't trust it. Remdesivir been around long time. if it worked would have been approved months ago. Avigan better but is made in 🇯🇵
Hmmm Gilead again, at least this time it was released on their site https://www.gilead.com/news-and-press/press-room/press-releases/2020/4/gilead-announces-results-from-phase-3-trial-of-investigational-antiviral-remdesivir-in-patients-with-severe-covid-19 and not from "reliable sources" Let's hope this is "real" encouraging news and not another clouded attempt at manipulating the stock
gilead is not a company to trust
This is the second time gilead intervened with bad data and upheld the market. Something fishy is going on with the Fed
What does “positive data” actually mean? Sweet article
something was needed like this to give gap up over recent high...all shorters will lose hope know..and thats when mkt will come down
Yes, that is what I am trying to explain people. When all shorters lose hope than the market will dropp
😁😁GDP-5 !! right before breaking news Gilead drug. massive scam is going on.
So the news out together with Very Good GDP, good job Fed USA.
good GDP? Where?
ask Trump and Fed
again Gilead? this is getting annoying😂
Come on thiefs pump it, pump it. Economy is great. GDP never been better. Goooo uppppp. Gilead never lied and never go with news at exact time as bad economy data. But in the end because of You liers we will all crash down
why 5%, it should be at least 10%,especially when vaccine is not going to come at least by September
probably trying to bump up their stock price
Its so easy to manipulate this mkt for big players with just one news...
Ha ha ha. This is funny. They waited for gdp data to tell fake news. Ha ha ha
prob is some people will buy the fake news and jump.for joy!
When bad data is posted, there will be News arranged to cover the bad, just want to make sure the Market never go down. Who is manipulating the market.
I think this starts to be boring.
Gilead i guess made Sofosbuvir for Hepatitis C ,a break through treatment.Like wise,keep up the reputation for Covid 19 break through
Fooling People is the oldest Market Rule!
Fooling people only works if people are willing to be fools.  There are many today.
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