The Gilead Science gild stock at https://www.webull.com/quote/nasdaq-gild has held 17% so far this year, well ahead of the S&P 500 by 12%. Whether this trend continues and Gilead remains on a strong track is still in question. There is great potential for stocks to go up or down sharply this year because this year’s performance is highly dependent on remdeziva. Investors don’t have to wait long to find out which way Gilead shares will go this year because the fundamentals for future stock performance will be laid next month.
Soon it will become clear how effective remdesivir is in the treatment of COVID-19
How to handle Gilead shares this year depends on the success of Remdesivir. There is great hope that this drug can help treat patients with COVID-19 and not only prevent death but also reduce recovery time and thus reduce workload in the hospital. The problem is that so far the results have been mixed. A study in China, whose performance was limited because it only involved 158 patients, found that patients who used Remdezivir were no better than those who used the placebo.
However, the National Institute of Allergy and Infectious Disease conducted a larger study of 1,063 patients and found that patients taking remdezivir recovered four days faster than those using the placebo. Mortality was also slightly better: 8% of patients taking remedesivir died from COVID-19 compared with 11.6% of patients taking placebo. But even the larger studies so far are rather simple given the complexity and uncertainty of COVID-19. During the following month, the community must have more response to how effective Remdezivir is.
Larger samples can normalize these results and provide more clarity
The gild stock has begun distributing drugs in hospitals, and once doctors give large-scale drugs to patients with COVID-19, there is little doubt about how effective these drugs are in treating the disease. Although the distribution of remdezivir has not been optimal so far, because countries are not getting as much medicine as they expect, there may soon be enough doses to treat nearly 10,000 COVID-19 patients throughout the country. There are currently more than one million active cases of COVID-19 in the United States.
One limitation of the small research is that other factors that are not known can damage the results. Larger sample sizes can normalize these results and provide more clarity. And in the coming weeks, when patients receive Remdezivir, health professionals will get more information and can start monitoring the effectiveness of Remdezivir to see how many patients are doing better. If you want to know more stock information like plug stock , you can visit at https://www.webull.com/quote/nasdaq-plug .