Weekly Digest - Jan 2024

Weekly Digest - Jan 2024

22 Jan 2024: Gilead’s Trodelvy fails to extend survival in lung cancer study, prompting selloff

  • Gilead faces a setback as its phase 3 trial for Trodelvy in metastatic non-small cell lung cancer (NSCLC), fails to significantly extend patient lives compared to chemotherapy
  • Despite the trial’s failure to meet the primary endpoint, Gilead expresses continued confidence in Trodelvy’s potential based on the overall data
  • Gilead shares tumble about 10% after the trial flop
  • Competition, particularly from Enhertu in the HER2-low breast cancer category, poses a challenge to Trodelvy’s market share, emphasizing the importance of expanding its use in NSCLC

For full story click here

Share this