Gilead: Phase III studies of Letairis shows improved exercise capacity (Gilead Sciences)

Date : 05/29/2008 @ 9:34AM
Source : TFN
Stock : Gilead Sciences Inc (GILD)
Quote : 54.15  -0.47 (-0.86%) @ 5:00PM
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Gilead: Phase III studies of Letairis shows improved exercise capacity (Gilead Sciences)

        NEW YORK (Thomson Financial) - Gilead Sciences Inc. Thursday said Phase III
ARIES-1 and ARIES-2 studies of Letairis showed improved exercise capacity in
patients with pulmonary arterial hypertension functional Class II or III
symptoms.
    The ARIES-2 study also showed a delay in clinical worsening compared to
patients treated with a placebo, the compamny said.
    In the company's ARIES-E study, 43 of the 361 patients who enrolled in the
study discontinued before completing the 48 weeks of treatment. This includes 14
patients who died.
    Gilead said that the patients who discontinued had a more severe disease at
baseline.
    Shares of Gildead closed Wednesday at 453.57. The stock is up 30% over the
past 52 weeks.
Ryan Vlastelica
rv/vj

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