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Biotech / Medical : Gilead Science (GILD) Followers
GILD 125.67+0.4%9:30 AM EST

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From: Wildbiftek5/15/2020 10:57:56 AM
   of 961
 
Inhaled version tipped

bloomberg.com

“It is not a cure,” O’Day says. “It is a first step, but it is an important first step.” Many additional drugs and vaccines will probably be needed to stop the pandemic, he says. Gilead itself is working on an easier-to-administer inhaled form of remdesivir that might be useful for less severe cases.

I'm not sure remdesivir itself will impact GILD's bottomline substantially, but they are generating a lot of good will by preempting this major crisis and working with public entities during it. There will likely be a pivot to investing in biotechs, particularly those with a historic specialty in virology in the future and GILD is a well capitalized leader on this front.
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