Investors cheer Gilead settlement over HIV drug patents

13 September 2022

A breakthrough on the litigation front will extend exclusivity for certain of Gilead Sciences’ (Nasdaq: GILD) HIV meds by around six or seven years.

A filing with the US Securities and Exchange Commission (SEC) shows that the Californian firm has reached a settlement related to planned generic versions of its blockbusters Descovy (emtricitabine/tenofovir) and Odefsey (emtricitabine/rilpivirine/tenofovir alafenamide).

Gilead has been negotiating with multiple, mainly Indian companies, including Lupin (BSE: 500257), Cipla (BSE: 500087), Apotex and Macleods Pharmaceuticals.

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