A new pill to treat HIV just got approved — and it could shake up a $22 billion market (GILD)

NIAID The FDA just approved a new combination of drugs to treat HIV. The treatment combines three drugs into one daily pill:  bictegravir, emtricitabine and tenofovir alafenamide. The new approval could shake up the $ 22 billion HIV drug market. The FDA just approved a new, once-a-day pill to treat HIV. The pill, made by […]

The FDA approved the first gene therapy to treat cancer — and it’s the beginning of ‘a big new field of medicine’ (NVS, GILD, KITE, BLUE)

AP/Elaine Thompson The Food and Drug Administration on Wednesday approved the first-ever gene therapy in the US. The drug, called Kymriah, is a highly personalized cancer treatment called CAR T-cell therapy (CAR is short for chimeric antigen receptor). It’s a type of cancer immunotherapy, which harnesses the body’s immune system to take on cancer cells. […]

Gilead just bought a cancer immunotherapy company for $12 billion (GILD, KITE)

Reuters Gilead is acquiring cancer immunotherapy biotech Kite Pharma for $ 11.9 billion. Gilead, known for its HIV and hepatitis C drugs, has been growing a cash pile over the past few years since the approval of its hepatitis C drug, leading investors to speculate what company it might buy. Gilead’s purchase of Kite is […]

RANKED: These are the most and least reputable drug companies in the world (ABBV, PFE, NVS, JNJ, NVO, GILD, GSK, AZN, MRK)

REUTERS/Karoly Arvai Glancing at the headlines, it might seem like drug companies have a hard time avoiding anger over the prices of medications.  But public opinions about them have changed in some surprising ways in recent years, especially amid controversies over the high and rising prices of drugs, specifically in the US. A new analysis from the research consulting […]