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Gilead’s Biktarvy leads US HIV market; HSBC lifts PT to $175

Gilead Sciences logoGilead Sciences
Sig0.85Sen+1.35Env0.00Soc0.00Gov0.00
HSBC logoHSBC
Sig1.25Sen+2.25Env0.00Soc0.00Gov0.00

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.

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