Tag: FDA approval

Why Gilead Sciences Stock Nosedived on MondayWhy Gilead Sciences Stock Nosedived on Monday
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Why Gilead Sciences Stock Nosedived on Monday

NASDAQ: Gilead Sciences (GILD), a sturdy in the drug area, encountered a difficult day in the stock trade this Monday. Financial backers answered disheartening clinical preliminary outcomes for one of its investigational drugs by driving the organization's portion cost somewhere around more than 10%, even as the more extensive S&P 500 list shut emphatically, acquiring almost 0.3%. Gilead Sciences Stock down on Monday Image credits: https://www.tradingview.com/ The difficulty happened in a late-stage preliminary for Trodelvy, a supported malignant growth drug. Gilead wanted to include patients with advanced or metastatic non-small cell lung cancer (NSCLC) who had progressed after platinum-based chemotherapy and checkpoint inhibitor therapy in the scope of its FDA approval. Sad...
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FDA approves Vertex/CRISPR Gene Therapy for Inherited Blood Disorders

FDA approves Vertex/CRISPR Gene Therapy for Inherited Blood Disorders In a monumental leap for gene therapy and a beacon of hope for millions suffering from life-threatening blood disorders, the US Food and Drug Administration (FDA) has granted approval to Vertex Pharmaceuticals and CRISPR Therapeutics' revolutionary treatment - Exa-cel (casgenevo). This breakthrough represents a new era in treating genetic diseases, paving the way for personalized, curative therapies once relegated to the realm of science fiction. Understanding the Blood Disorder Battleground: Inherited blood disorders, such as transfusion-dependent beta-thalassemia and sickle cell disease, affect millions worldwide. These debilitating conditions are caused by genetic mutations that impair the production or function ...
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