Gabelli & Company Highlights 6 Potential Gilead Sciences (GILD) Takeover Targets

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Gilead Sciences Announces Promotion of James R. Meyers to Executive Vice President, Worldwide Commercial Operations

November 16, 2016 5:00 PM EST

FOSTER CITY, Calif.--(BUSINESS WIRE)-- Gilead Sciences, Inc. (NASDAQ: GILD) today announced the promotion of James R. Meyers to Executive Vice President, Worldwide Commercial Operations, with responsibility for commercial operations in North America, Europe and Japan. Mr. Meyers will become an officer of the company and member of Gileads senior leadership team.

Mr. Meyers joined Gilead in 1996 as a regional sales director and has been the Senior Vice President of North American Commercial Operations since 2007. In his 20 years at Gilead, Mr. Meyers has been instrumental in building out the companys commercial... More

Gilead Announces Top-Line Results From Two Phase 3 Studies Evaluating Momelotinib for Patients With Myelofibrosis

November 16, 2016 4:15 PM EST

FOSTER CITY, Calif.--(BUSINESS WIRE)-- Gilead Sciences, Inc. (Nasdaq: GILD) today announced top-line results from two Phase 3 clinical trials (SIMPLIFY 1 and 2) evaluating momelotinib, an investigational inhibitor of Janus kinase (JAK) compared to ruxolitinib or best alternative therapy (BAT) in patients with myelofibrosis. The SIMPLIFY-1 study achieved its pre-specified primary endpoint of non-inferiority to ruxolitinib for splenic response rate at Week 24 (SRR24), defined as the percentage of patients experiencing a 35 percent reduction in spleen volume (momelotinib: 26.5%; ruxolitinib: 29.0%; 95 percent CI: -11.2% to +5.6%; p=0.011).

Non-inferiority was not achieved for the key secondary endpoint of... More