Why Is Gilead Sciences Stock Trading Lower Today? - Gilead Sciences (NASDAQ:GILD)

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Why Is Gilead Sciences Stock Trading Lower Today? - Gilead Sciences (NASDAQ:GILD)

Gilead Sciences Inc (NASDAQ:GILD) said it paused tumor study enrollment. The Food and Drug Administration (FDA) subsequently requested a partial clinical hold on these trials.  Gilead is reviewing the benefit-risk of magrolimab across all ongoing trials and will provide an update on this assessment as soon as possible. Patients already enrolled in the Gilead-sponsored ELEVATE solid tumor studies and deriving clinical benefit may continue to choo…