BioCentury
ARTICLE | Finance

Next inflection points come into focus for Gilead, Moderna following Friday’s big gains

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April 17, 2020 10:24 PM UTC

Buoyed by optimism for their COVID-19 products, Gilead and Moderna collectively added almost $12 billion in value Friday.

The next inflection points for the company’s stocks are linked to a clinical readout this month for Gilead’s antiviral remdesivir, and a Phase II trial start this quarter for Moderna (see “Timeline of Upcoming COVID-19 Trial Readouts”)...