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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Gilead Sciences Inc | NASDAQ:GILD | NASDAQ | Common Stock |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| -1.61 | -2.45% | 64.07 | 63.95 | 64.11 | 65.5515 | 63.74 | 65.34 | 5,442,258 | 22:27:32 |
From May 2019 to May 2024
LONDON--U.K. drugmaker GlaxoSmithKline PLC (GSK.LN) Monday publicized positive results from a late-stage study of a treatment for pulmonary arterial hypertension, a condition characterized by constriction of the blood vessels in the lungs.
The study of the effects of the ambrisentan and tadalafil drugs, carried out in collaboration with Gilead Sciences Inc. (GILD), showed that the combination therapy worked better than either drug administered on its own.
"The length of time before patients experienced clinical failure was significantly prolonged for those receiving first-line combination compared to monotherapy," GSK said.
The two companies now plan to seek regulatory approval for the combination therapy by submitting the study data to regulators in the U.S., European Union and elsewhere.
At 1309 GMT, GSK shares were down 24 pence or 1.66% at 1,424 pence.
Write to Ed Ballard at ed.ballard@wsj.com
Subscribe to WSJ: http://online.wsj.com?mod=djnwires
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