Gilead's COVID-19 Drug Veklury Slumps

Dow Jones04:47

Sales of Veklury, Gilead's COVID-19 treatment, plummeted 69% year-over-year to $86 million in 3Q 2026 as hospitalization rates declined. The antiviral now accounts for roughly 1% of Gilead's $8.3 billion in total quarterly product sales, down from $277 million in 3Q 2025. Product sales excluding Veklury grew 16% to $8.2 billion, driven by gains in HIV products, Trodelvy, and Livdelzi. Cell Therapy product sales fell 18% to $355 million, reflecting ongoing competitive headwinds in that segment.

 

This article was automatically created using artificial-intelligence technology and reviewed by Dow Jones Newswires editors.

 

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