Gilead Sciences

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Gilead Sciences, Inc. is an American biopharmaceutical company that researches, develops, and commercializes drugs. The company focuses primarily on antiviral drugs used in the treatment of HIV/AIDS, hepatitis B, hepatitis C, and influenza, including Harvoni and Sovaldi.

History[edit | edit source]

Gilead Sciences was founded in 1987 by Michael L. Riordan, a medical doctor. The company was originally named Oligogen, Inc. and was later renamed Gilead Sciences. Gilead's first product, Vistide (cidofovir), was approved by the U.S. Food and Drug Administration (FDA) in 1996 for the treatment of cytomegalovirus (CMV) retinitis in patients with AIDS.

Products[edit | edit source]

Gilead Sciences has developed several notable drugs, including:

Research and Development[edit | edit source]

Gilead Sciences invests heavily in research and development (R&D) to discover and develop new therapies. The company has a strong focus on antiviral therapies but also explores treatments for other conditions, including oncology and inflammatory diseases.

Acquisitions[edit | edit source]

Gilead has expanded its portfolio through several key acquisitions:

Corporate Governance[edit | edit source]

Gilead Sciences is headquartered in Foster City, California. The company's CEO is Daniel O'Day, who took over the role in 2019. The company is publicly traded on the NASDAQ under the ticker symbol GILD.

Controversies[edit | edit source]

Gilead Sciences has faced criticism and legal challenges over the pricing of its drugs, particularly its hepatitis C treatments Sovaldi and Harvoni. The high cost of these drugs has led to debates about drug pricing and access to essential medications.

See also[edit | edit source]

References[edit | edit source]

External links[edit | edit source]

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Contributors: Prab R. Tumpati, MD