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Gilead posts quarterly loss on acquisition charge, revenue rises 5%

(Reuters) -Gilead Sciences reported a first-quarter loss on Thursday after taking a $3.9 billion charge for its recent acquisition of liver drug developer CymaBay Therapeutics, while revenue rose 5% on higher HIV, oncology and liver disease treatment sales. For full-year 2024, Gilead said it still expects product sales of $27.1 billion to $27.5 billion, but lowered its earnings outlook to include the recent charge as well as incremental expenses related to the CymaBay deal. Wall Street analyst...
United States Deena Beasleyediting Deena Beasley Michael Yee Drug Administration Gilead Sciences
Source: yahoo.com

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What's next for Pfizer, Moderna beyond their projected $51 billion in combined Covid vaccine sales this year

What's next for Pfizer, Moderna beyond their projected $51 billion in combined Covid vaccine sales this year : Rashtra News #Whats #Pfizer #Moderna #projected #billion #combined #Covid #vaccine #sales #year Vials with Pfizer-BioNTech and Moderna coronavirus disease (COVID-19) vaccine labels are seen in this illustration picture taken March 19, 2021.Dado Ruvic | ReutersPfizer and Moderna
United States David Toung Frank Damelio Steve Scala Tyler Van Buren Albert Bourla

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