Gilead's Trodelvy Approved by FDA for Triple-Negative Breast Cancer
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jun 24 2026
0mins
Source: seekingalpha
- FDA Approval: Gilead's Trodelvy (sacituzumab govitecan) has received FDA approval as a first-line treatment for triple-negative breast cancer, both as a monotherapy and in combination with Merck's Keytruda (pembrolizumab), highlighting its significant clinical value.
- Clinical Trial Support: The monotherapy indication was granted based on results from the ASCENT-03 trial, while the combination indication was supported by ASCENT-04/KEYNOTE D-19, demonstrating Trodelvy's reliability and efficacy in treatment outcomes.
- Expanded Indications: Trodelvy is also approved for HR+/HER- metastatic breast cancer, further broadening its market application and enhancing Gilead's competitive position in the breast cancer treatment landscape.
- Market Potential: With FDA approval, Trodelvy's market prospects are viewed positively, and analysts believe Gilead's growth potential is underestimated, which could drive an increase in the company's stock price.
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Analyst Views on GILD
Wall Street analysts forecast GILD stock price to rise
19 Analyst Rating
16 Buy
3 Hold
0 Sell
Strong Buy
Current: 129.610
Low
105.00
Averages
137.88
High
154.00
Current: 129.610
Low
105.00
Averages
137.88
High
154.00
About GILD
Gilead Sciences, Inc. is a biopharmaceutical company. It is engaged in advancing medicines to prevent and treat life-threatening diseases, including HIV, viral hepatitis, COVID-19, cancer, and inflammation. It is focused on discovering, developing, and delivering medicines to address unmet medical needs in virology, oncology, and other therapeutic areas. Its portfolio of marketed products includes AmBisome, Atripla, Biktarvy, Cayston, Complera, Descovy, Descovy for PrEP, Emtriva, Epclusa, Eviplera, Genvoya, Harvoni, Hepcludex, Hepsera, Jyseleca, Letairis, Livdelzi/Lyvdelzi, Odefsey, Sovaldi, Stribild, Sunlenca, Tecartus, Trodelvy, and others. It also sells and distributes authorized generic versions of Epclusa and Harvoni in the United States through its subsidiary, Asegua Therapeutics LLC. It has control on anitocabtagene autoleucel (anito cel), an investigational BCMA-directed CAR T cell therapy for multiple myeloma. The Company also owns an antibody-drug conjugates (ADCs) platform.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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- Patient Recruitment: The study plans to enroll several hundred patients, with participants randomly assigned to receive either a single-dose infusion of MBP134, daily remdesivir for up to 10 days, a combination of both treatments, or optimized supportive care to assess treatment efficacy.
- Flexible Trial Design: Structured as an adaptive platform trial, it can continue through future Ebola outbreaks, ensuring conclusive results can be generated even if the current epidemic ends before sufficient patient enrollment.
- Primary and Secondary Endpoints: The primary endpoint focuses on all-cause mortality 28 days post-enrollment, while secondary endpoints include viral clearance, changes in viral load, organ function, and pregnancy outcomes, with special monitoring for pregnant participants to ensure maternal and infant safety.
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- Clinical Data Support: This decision is underpinned by robust Phase 3 ASCENT-03 and ASCENT-04 data and reinforced by top-tier NCCN guideline endorsements, further solidifying Trodelvy's position in breast cancer care and potentially driving Gilead's oncology investment narrative forward.
- Market Risk Considerations: Despite the positive signal from Trodelvy's approval for Gilead's oncology growth, there remain execution risks related to pricing and access in the market, particularly in the face of rising policy and competitive pressures that could impact future market performance.
- Revenue Expectations: Gilead projects $34.5 billion in revenue and $10.8 billion in earnings by 2029, necessitating a 5.1% annual revenue growth and a $1.6 billion increase in earnings, with Trodelvy's success directly influencing these growth expectations.
See More
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- EU Therapy Approval: Merck's Keytruda in combination with Padcev received European approval for muscle-invasive bladder cancer, with Phase 3 trial data indicating a 60% improvement in event-free survival, laying the groundwork for market expansion in Europe.
- New Treatment Launch: Gilead Sciences' Trodelvy was approved by the FDA as a first-line treatment for metastatic triple-negative breast cancer, demonstrating a 38% reduction in the risk of disease progression or death, projected to boost sales to $1.4 billion in 2025.
- Strategic Restructuring and Layoffs: ADC Therapeutics announced a 17% workforce reduction, expected to save $10 million annually, aimed at reallocating resources to advance the ZYNLONTA project, although facing $3 million in severance costs in the short term, it is expected to enhance long-term financial health.
See More
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- FDA Approval for New Indication: Gilead Sciences announced that its cancer drug Trodelvy has received FDA approval for first-line treatment of metastatic triple-negative breast cancer (mTNBC), marking a significant advancement in the company's oncology portfolio.
- Clinical Trial Data Support: The FDA approval is based on data from the ASCENT-03 and ASCENT-04/KEYNOTE-D19 trials, demonstrating that Trodelvy monotherapy reduces the risk of disease progression or death by 38%, while its combination with Keytruda lowers this risk by 35%, indicating substantial clinical efficacy.
- Significant Market Potential: With mTNBC accounting for approximately 15% of all breast cancers and a five-year survival rate of only 12%, the approval of Trodelvy provides a new treatment option for this high-risk patient population, which is expected to drive future sales growth for the company.
- Sales Growth Trend: GILD's Trodelvy achieved sales of $1.40 billion in 2025, a 6% increase from $1.32 billion the previous year, reflecting strong market performance and sustained demand for the drug, further solidifying Gilead's position in the biopharmaceutical sector.
See More
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