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Health Care : Biotechnology | Large Cap Value
Company profile

Gilead Sciences, Inc. is a research-based biopharmaceutical company that discovers, develops and commercializes medicines in areas of unmet medical need. The Company's portfolio of products and pipeline of investigational drugs includes treatments for Human Immunodeficiency Virus/Acquired Immune Deficiency Syndrome (HIV/AIDS), liver diseases, cancer, inflammatory and respiratory diseases and cardiovascular conditions. Its products for HIV/AIDS patients include Descovy, Odefsey, Genvoya, Stribild, Complera/Eviplera, Truvada, Emtriva, Tybost and Vitekta. Its products for patients with liver diseases include Vemlidy, Epclusa, Harvoni, Sovaldi, Viread and Hepsera. It offers Zydelig to patients with hematology/oncology diseases. Its products for patients with various cardiovascular diseases include Letairis, Ranexa and Lexiscan. Its products for various inflammation/respiratory diseases include Cayston and Tamiflu. It had operations in more than 30 countries, as of December 31, 2016.

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Today's volume of 171,447 shares is on pace to be much lighter than GILD's 10-day average volume of 11,765,461 shares.


Cystic Fibrosis Market to Expand Profoundly at a CAGR of 24.4% and Reach USD 31.88 Billion by 2027; Increasing Awareness regarding CF to Lighten Sales Prospects, states Fortune Business Insights(TM)

8:46 am ET September 17, 2020 (Globe Newswire) Print

Global cystic fibrosis market size is predicted to reach USD 31.88 billion by 2027, exhibiting a CAGR of 24.4% during the forecast period.

The growing cases of respiratory and gastrointestinal infection among people can be a critical factor in spurring the demand of the market during the forecast period, states Fortune Business Insights in a report, titled "Cystic Fibrosis Market Size, Share & Covid-19 Impact Analysis, By Drug Class (Cystic Fibrosis Transmembrane Conductance Regulator (CFTR), Bronchodilators, Mucolytic, Pancreatic Enzyme Supplement, and Others), By Route of Administration (Oral, and Parenteral), By Distribution Channel (Retail Pharmacies & Drug Stores, Online Pharmacies, and Hospital Pharmacies), and Regional Forecast, 2020-2027" the market size stood at USD 5.12 billion in 2019.

Key Development:

October 2019: Approval of Vertex's Trikafta by the US FDA is the first triple combination therapy used to treat patients suffering from cystic fibrosis.

Request a Sample Copy of the Research Report:

Highlights of the Report:

-- Analysis of the impact of Covid-19 that the market would face in the near future.

-- In-depth analysis of the growth drivers and obstacles.

-- Profile of all the companies operating in the market.

-- Elaborate data about the dominating region.

-- Competitive landscape consisting of mergers & acquisitions, investments, partnerships, new product launches, opening of new facilities, and new contracts.

Rising Adoption of Advanced Treatment Procedures to Augment Growth

The rising concentration towards early diagnosis will have a positive impact on the market during the forecast period. The rising cases of genetic disorders have led to the expansion of the market. According to the Cystic Fibrosis Patient Registry, it is estimated that more than 30,000 people are affected by Cystic Fibrosis conditions in the U.S. and it is estimated that about 70,000 people are suffering from it across the globe.

The emergence of COVID-19 has brought the world to a standstill. We understand that this health crisis has brought an unprecedented impact on businesses across industries. However, this too shall pass. Rising support from governments and several companies can help in the fight against this highly contagious disease. There are some industries that are struggling and some are thriving. Overall, almost every sector is anticipated to be impacted by the pandemic.

We are taking continuous efforts to help your business sustain and grow during COVID-19 pandemics. Based on our experience and expertise, we will offer you an impact analysis of coronavirus outbreak across industries to help you prepare for the future.

Click here to get the short-term and long-term impact of COVID-19 on this Market.

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The growing complications in the lungs and pancreas consequently indicate cystic fibrosis, which in turn, will augur well for the market. Moreover, the development of innovative and advanced therapeutics for the treatment of fibrosis will have a tremendous impact on the market in the forthcoming years.

High Healthcare Expenditure to Boost Market in North America

The market in North America generated a revenue of USD 3.89 billion in 2019 and is expected to rise rapidly during the forecast period owing to the growing prevalence of CF in the region. The increasing R&D investment by major industry players will contribute positively to the growth of the market. The rising healthcare expenditure along with developed medical facilities will foster growth in the region.

The inclination towards advanced drugs by patients for better outcomes will further improve the scope of the market in North America. Asia Pacific is predicted to account for the lion's share during the forecast period owing to the rising geriatric patients. Improving healthcare facilities will enable the expansion of the market in Asia Pacific.

Quick Buy - Cystic Fibrosis Market Research Report:

The Report Lists the Main Companies in the Cystic Fibrosis Market:

-- Vertex Pharmaceuticals Incorporated

-- AbbVie Inc.

-- Novartis AG

-- Gilead Sciences, Inc.

-- Mylan N.V.

-- Pfizer Inc.

-- Bayer AG

-- Genentech, Inc.

-- AstraZeneca

-- Others

Have Any Query? Ask Our Experts:

Cystic Fibrosis Market Segmentations:

By Drug Class

? Cystic Fibrosis Transmembrane Conductance Regulator (CFTR)

? Bronchodilators

? Mucolytic

? Pancreatic Enzyme Supplement

? Others

By Route of Administration

? Oral

? Parenteral

By Distribution Channel

? Retail Pharmacies & Drug Stores

? Online Pharmacies

? Hospital Pharmacies

By Geography

? North America (U.S. and Canada)

? Europe (U.K., Germany, France, Italy, Spain, Scandinavia, and Rest of Europe)

? Asia-Pacific (Japan, China, India, Australia, Southeast Asia, and Rest of Asia- Pacific)

? Rest of the World

Get your Customized Research Report:

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