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Share Name | Share Symbol | Market | Type |
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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 | |
---|---|---|---|---|---|---|---|---|---|---|
-0.54 | -0.83% | 64.79 | 64.30 | 64.85 | 65.53 | 64.33 | 65.51 | 7,822,721 | 05:00:04 |
-Funds to support results-driven research and community projects engaged in HIV cure activities-
Gilead Sciences, Inc. (Nasdaq:GILD) today announced the recipients of its HIV cure grants program, a fund totaling more than $22 million, which will support 12 new HIV cure research projects. These projects will be conducted by leading academic institutions, non-profit organizations and community groups from around the world, focusing on three key areas: translational research, efficacy studies in animal models and community perspectives of HIV cure.
“We know from decades of work addressing the issue of HIV/AIDS that there is no one-size-fits-all solution. Through partnerships with dedicated and results-driven organizations – such as the worthy recipients of our grant funding – our goal is to help in the discovery and development of a safe and effective cure,” said William Lee, PhD, Executive Vice President, Research, Gilead Sciences. “We are excited about the potential of these projects and are looking forward to seeing the results and learnings that emerge from them.”
The following institutions and corresponding projects will receive funding to complete their research over the next three years (Institution/Principal Investigator/Project Name):
The HIV cure grants program, initially announced in February 2016, is one of the components of Gilead’s commitment to cure and ultimately eradicate HIV and AIDS through its research and development and philanthropic leadership.
For nearly 30 years, Gilead has focused on the development of antiretroviral therapy to treat HIV/AIDS, helping transform HIV infection from a fatal and debilitating disease into a chronic, manageable condition. In further efforts to end the HIV epidemic, Gilead is conducting early-stage clinical research to identify novel agents and strategies that could play a role in eradicating HIV infection in the body.
In addition to the funding of these grants, Gilead was recently announced as one of the foremost corporate providers of philanthropic support to address HIV/AIDS by the Funders Concerned About AIDS (FCAA) organization.
About Gilead
Gilead Sciences is a biopharmaceutical company that discovers, develops and commercializes innovative therapeutics in areas of unmet medical need. The company’s mission is to advance the care of patients suffering from life-threatening diseases. Gilead has operations in more than 30 countries worldwide, with headquarters in Foster City, California.
For more information on Gilead Sciences, please visit the company’s website at www.gilead.com, follow Gilead on Twitter (@GileadSciences) or call Gilead Public Affairs at 1-800-GILEAD-5 or 1-650-574-3000
View source version on businesswire.com: http://www.businesswire.com/news/home/20170110005553/en/
Gilead Sciences, Inc.MediaNick Francis, 650-522-5674orInvestorsSung Lee, 650-524-7792
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