RBC Capital Out Negative on Gilead Sciences (GILD), 'see the stock as lacking'

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Go back to RBC Capital Out Negative on Gilead Sciences (GILD), 'see the stock as lacking'

Gilead Provides Update on Phase 3 EVOKE-01 Study

January 22, 2024 8:30 AM EST

FOSTER CITY, Calif.--(BUSINESS WIRE)-- Gilead Sciences, Inc. (Nasdaq: GILD) today announced that the Phase 3 EVOKE-01 study did not meet its primary endpoint of overall survival (OS) in previously treated metastatic non-small cell lung cancer (NSCLC). EVOKE-01 is evaluating Trodelvy® (sacituzumab govitecan-hziy; SG) vs. docetaxel in patients with metastatic or advanced NSCLC that had progressed on or after platinum-based chemotherapy and checkpoint inhibitor therapy.

A numerical improvement in OS favoring SG was observed in the study, including in patients with both squamous and non-squamous histology. The safety profile for Trodelvy was... More