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Product sales were down due to lower Veklury and HIV sales, partially offset by higher Oncology sales.
February 7, 2024
By: Kristin Brooks
Managing Editor, Contract Pharma
Gilead 4Q Revenues: $7.1 billion (-4%) 4Q Earnings: $1.4 billion (-13%) FY Revenues: $27.1 billion (-1%) FY Earnings: $5.6 billion (+23%) Comments: Product sales were down in the quarter due to lower Veklury (remdesivir) and HIV sales, partially offset by higher Oncology sales. Veklury sales were down 28% to $720 million. Descovy sales were down 5% to $509 million in the quarter. Biktarvy sales were up 7% in the quarter to $3.1 billion. Liver Disease portfolio sales were flat at $691 millio...
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