Gilead’s Biktarvy leads US HIV market; HSBC lifts PT to $175
Bexlenvo was approved as a weekly oral regimen, with a Merck-linked option expected next year, while patents are noted to extend through 2036 and IRA discussions are expected to affect 2028. Gilead reports BIKTARVY covers about 52% of U.S. HIV patients and more than 70% of new starts. HSBC raised its Gilead price target to $175 from $155.