Anyone buying Gilead stock?

[Singuy]

Looks like Gilead donated their entire stock pile
Is this going to be a financial drag on the business? Are they planning on monetizing it during the crisis ever or will just monetize it after the crisis? I also see a crash after FDA approved drug for emergency use, why? Questions you should ask yourself before jumping in.

https://www.forbes.com/sites/alexandrasternlicht/2020/05/03/entire-stockpile-of-coronavirus-treatment-remdesivir-donated-to-government-says-ceo/#49e98fe1725f

[kork13]

Looks like Gilead donated their entire stock pile
Is this going to be a financial drag on the business? Are they planning on monetizing it during the crisis ever or will just monetize it after the crisis? I also see a crash after FDA approved drug for emergency use, why? Questions you should ask yourself before jumping in.

https://www.forbes.com/sites/alexand.../#49e98fe1725f

1) Full value of everything donated will be written off against other profits.
2) Yes, they'll definitely monetize it going forward -- they've presumably got patent rights to it, so they'll be able to sell it to hospitals & governments around the world.

[LivingAlmostLarge]

1) Full value of everything donated will be written off against other profits.
2) Yes, they'll definitely monetize it going forward -- they've presumably got patent rights to it, so they'll be able to sell it to hospitals & governments around the world.

unless we don't need it. maybe also if there are side effects they can hand off blame since they didn't profit from it.