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Started By
Message
New data on Gilead’s remdesivir, released by accident, show no benefit
Posted on 4/23/20 at 12:05 pm
Posted on 4/23/20 at 12:05 pm
GILD shares are sliding
WHO tho, so who gives a frick
quote:
The antiviral medicine remdesivir from Gilead Sciences failed to speed the improvement of patients with Covid-19 or prevent them from dying, according to results from a long-awaited clinical trial conducted in China. Gilead, however, said the data suggest a “potential benefit.”
A summary of the study results was inadvertently posted to the website of the World Health Organization and seen by STAT on Thursday, but then removed.
“A draft document was provided by the authors to WHO and inadvertently posted on the website and taken down as soon as the mistake was noticed. The manuscript is undergoing peer review and we are waiting for a final version before WHO comments,” said WHO spokesperson Tarik Jasarevic.
quote:LINK
Gilead spokesperson Amy Flood said the company believes “the post included inappropriate characterization of the study.” Because the study was stopped early because it had too few patients, she said, it cannot “enable statistically meaningful conclusions.” However, she said, “trends in the data suggest a potential benefit for remdesivir, particularly among patients treated early in disease.”
The data (for details, see screenshot below) will be closely scrutinized but are also likely imperfect. The study was terminated prematurely, which could have affected the results. The context that would be provided by a full manuscript is missing, and the data have not been reviewed as normally occurs before publication.
WHO tho, so who gives a frick
Posted on 4/23/20 at 12:06 pm to The Egg
Do we even need it at this point?
Posted on 4/23/20 at 12:07 pm to The Egg
quote:
website of the World Health Organizatio
Posted on 4/23/20 at 12:10 pm to The Egg
Sounds like a pump and dump.
Posted on 4/23/20 at 12:11 pm to Jim Rockford
quote:
Sounds like a pump and dump.
First thing I thought of. The SEC needs to look closely at the trading.
Posted on 4/23/20 at 12:12 pm to The Egg
Chinese study
Didnt China try and patent this stuff?
Didnt China try and patent this stuff?
Posted on 4/23/20 at 12:13 pm to The Egg
This is based on a Chinese trial of $GILD 's remdesivir.
Are we gonna start trusting what the Chinese say?
Let's see what the remdesivir trials that are being conducted in America indicate.
Are we gonna start trusting what the Chinese say?
Let's see what the remdesivir trials that are being conducted in America indicate.
Posted on 4/23/20 at 12:29 pm to The Egg
45 minutes before ft.com came out with the story and said "Gilead drug flops", someone bought 2000 July $87.50 puts for roughly $13.73 with the stock at $82.56. Now the stock is 8% lower and the bid ask is wide $15.95 -$18.25.
Certainly the trade is in the green. Only up $454,000 in about 90 minutes even if they were to get a lousy fill price.
Not bad money if you can get it. They haven't closed the trade yet.
Certainly the trade is in the green. Only up $454,000 in about 90 minutes even if they were to get a lousy fill price.
Not bad money if you can get it. They haven't closed the trade yet.
Posted on 4/23/20 at 12:30 pm to The Egg
bullshite Chinese "study" that just so happened to be "leaked" by the WHO?
Anyone who believes this deserves to lose their money.
Anyone who believes this deserves to lose their money.
Posted on 4/23/20 at 12:33 pm to The Egg
quote:
clinical trial conducted in China
Posted on 4/23/20 at 1:08 pm to The Egg
More WHO incompetence....Gilead should consider a lawsuit.
Posted on 4/23/20 at 1:12 pm to PrivatePublic
quote:
Do we even need it at this point?
I am sure there are close to 200,000 people who would have liked to have had a chance to take a hot with something that showed promise and probably 500k more over the next year or so who would probably liked to live a little longer than they did.
Posted on 4/23/20 at 1:15 pm to The Egg
What will Tucker talk about now?
Posted on 4/23/20 at 1:15 pm to The Egg
Spokesman says the report was wrong, they stopped because of lack of subjects. Also, it's still up over where it was from a month ago. All of the "stock sinks" headlines are funny.
Posted on 4/23/20 at 1:15 pm to The Egg
quote:
A draft document was provided by the authors to WHO and inadvertently posted on the website
Inadvertently? Yeah, sure.
Posted on 4/23/20 at 2:49 pm to junkfunky
quote:
Spokesman says the report was wrong, they stopped because of lack of subjects. Also, it's still up over where it was from a month ago. All of the "stock sinks" headlines are funny.
How are Garlic and Zinc futures doing?
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