A new Gilead analysis indicates remdesivir can reduce death but company says finding 'requires confirmation'

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Gilead up in premarket as it says it's presented new remdesivir data

Shares of Gilead Sciences Inc.

gained 2.0% in premarket trading on Friday after the drugmaker disclosed findings from a new analysis of previously disclosed clinical trial data that found the experimental therapy remdesivir can reduce the risk of mortality in COVID-19 patients by 62%, when compared to the standard of care. Gilead said the mortality data point is"an important finding that requires confirmation in prospective clinical trials.

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