Gilead Sciences

Gilead’s Irish business sees profit slump on falling sales of Covid drug

Business which accounts for close to one-third of group sales also took in €437m in dividends from subsidiaries dotted worldwide

Sat Nov 16 2024 - 06:00

Gilead’s Irish unit pays out dividends of €2.8bn over two years

New accounts show that Cork-based HIV and hepatitis C drug maker had bumper year in 2021 driven by sales of Covid-19 drug Veklury

Sun Apr 09 2023 - 16:20

Gilead gets approval for €45m expansion of Carrigtwohill site

US pharma giant, which employs 500 people in Ireland, says development will facilitate additional future investment in the State

Thu Mar 02 2023 - 14:24

Putting Ireland at the forefront of medicine development for children

Interview: Gilead's Daniel O'Day on new medicines, winning the Covid battle and the search for cancer cures

Sat Apr 09 2022 - 06:00

US drug giant Gilead opens child medicine centre of excellence in Dublin

Docklands site will run clinical trials for paediatric versions of current and future drugs

Tue Apr 05 2022 - 13:45

Merck struggles to win European approval for Covid antiviral pill

Limited efficacy means it is increasingly seen as a therapy for those who cannot take rival medications

Wed Feb 16 2022 - 11:03

Moderna faces shareholder pressure over vaccine costs

Shareholder proposal demands pharma group open up Covid-19 vaccine tech to poorer countries

Sun Dec 26 2021 - 16:21

Gilead Sciences Irish pharma unit records $1.84bn loss

The loss last year followed a pre-tax profit of $288.4m in 2019

Mon Nov 22 2021 - 18:28

India reels from ‘black fungus’ epidemic after Covid wave eases

Mucormycosis cases soar to 30,000 from negligible levels within three weeks

Mon Jun 21 2021 - 17:54

Up to 70 jobs at risk at Westbourne IT in Cork city

Company seeking alternative roles for staff after loss of contract with Gilead Sciences

Fri Mar 12 2021 - 12:54

Covid drug drives 26% rise in fourth quarter revenue at Gilead

Company said the Covid-19 pandemic continues to affect its sales, but growth expected

Fri Feb 05 2021 - 08:40

Coronavirus: US records its highest daily death toll as Germany extends lockdown

World round-up: India’s daily rise in cases stays below 40,000 for fourth day

Thu Dec 03 2020 - 07:25

European stocks up, US futures mixed as hopes rise for economic stimulus

Stoxx Europe 600 Index headed for its third week of gains

Fri Nov 20 2020 - 12:00

WHO group recommends against use of remdesivir drug for Covid-19

Expert WHO panel finds ‘no evidence’ that antiviral drug improves patient outcomes

Fri Nov 20 2020 - 08:04

Irish banks push Iseq higher as Barclays results cheer investors

European markets still post biggest weekly drop in a month

Fri Oct 23 2020 - 18:17

Remdesivir has little effect on Covid-19 mortality, WHO study says

Significant blow to hopes of identifying existing medicines to treat disease

Fri Oct 16 2020 - 16:32

No remdesivir shortage in Ireland, HSE says as concern grows for Europe’s supply

Acute shortages reported in number of countries because of difficulties with stocks from US

Thu Oct 08 2020 - 12:10

Trump administered drastic combination of treatments for Covid-19

Experimental blend of drugs may suggest US president more ill than medical team admits

Mon Oct 05 2020 - 19:54

‘Next 48 hours critical’: Contradictory views on Trump’s Covid progress

Doctor ‘extremely happy’, but source close to president strikes a more negative note

Sun Oct 04 2020 - 07:27

Markets gain as Covid-19 vaccine progress lifts investors’ spirits

Iseq rises 0.48% on the day, with Ryanair and Aer Lingus owner IAG among travel gainers

Mon Sept 14 2020 - 21:59

Wall St sets upbeat tone for European stocks, airlines jump

Ryanair closes higher on news that British government is to ramp up Covid testing plans

Wed Aug 19 2020 - 18:16

Merck to move Covid-19 treatment into large trials

Drugmaker more upbeat on full-year impact after sharp drop in medical visits early in the pandemic

Fri Jul 31 2020 - 19:21

Gilead to add 140 jobs in Ireland as it plans new Dublin base

Company to invest €7m as it also establishes paediatric centre of excellence here

Wed Jul 08 2020 - 11:27

Gilead’s remdesivir endorsed as first treatment for Covid-19 in Europe

EMA committee recommends drug’s use in adults and adolescents from 12 years of age

Thu Jun 25 2020 - 15:18

European equity markets pause for breath following surge

Markets report: Losses in technology and healthcare stocks halt a recent rally

Mon Jun 08 2020 - 19:24

European shares pull back from three-month highs after rally

The pan-European Stoxx 600 declined 0.8 per cent earlier, led lower by personal and household goods

Mon Jun 08 2020 - 09:28

AstraZeneca and Gilead explore possibility of merger

Shares dip as it emerges there are no active talks on what would be politically sensitive deal

Mon Jun 08 2020 - 06:45

Global stocks climb near three-month highs as rebound hopes grow

Investors back belief economic downturn from Covid-19 pandemic has bottomed out

Mon Jun 01 2020 - 18:59

Merck leaps into Covid-19 development fray with vaccine, drug deals

Company buys vaccine maker Themis and announced collaboration on two vaccines

Tue May 26 2020 - 12:14

Biopharma companies make component to support 180,000 Covid tests

Group of multinationals in Ireland has worked with academics in the pharma sector

Thu May 21 2020 - 06:15

US accuses China-linked hackers of stealing coronavirus research

Chinese Embassy in Washington condemned the allegations as ‘lies’

Thu May 14 2020 - 07:45

Hi-spec south Dublin industrial facility seeks €2.5m

Stillorgan Industrial Estate unit equipped for pharma R&D and medical manufacturing

Wed May 13 2020 - 06:00

Roche receives emergency-use authorisation for Covid-19 antibody test

The Swiss pharma company received the clearance from the US Food and Drug Administration

Sun May 03 2020 - 13:24

Ebola drug remdesivir leads race for effective Covid-19 treatment

Trial shows drug ‘has a clear-cut, significant, positive effect in diminishing the time to recovery’

Thu Apr 30 2020 - 20:30