Vir Bio (VIR) Q3 2026 Earnings Call Transcript

Gilead (GILD) reported Phase 3 IDEAL study results showing Livdelzi achieved 75.4% ALP normalization in PBC patients, vs. 16.1% for placebo. The study included 96 adults with PBC and ALP levels below typical trial thresholds. Gilead plans regulatory discussions and presented findings at The Liver Meeting 2026. GILD stock is down 1.96% to $171.06.

Gilead Sciences reported that seladelpar (Livdelzi) achieved alkaline phosphatase (ALP) normalization in 75.4% of patients with primary biliary cholangitis (PBC) in the phase 3 IDEAL trial, compared to 16.1% on placebo. The trial focused on patients with ALP below 1.67 times the upper limit of normal, a group often excluded from prior studies. Gilead plans to discuss the results with global regulators, as seladelpar's accelerated approval depends on confirmatory trials.

Gilead Sciences (GILD) reported Phase 3 IDEAL study results for Livdelzi in primary biliary cholangitis patients, showing 75.4% achieved ALP normalization vs. 16.1% on placebo. The study included 96 adults with specific ALP levels. Gilead plans regulatory discussions and will present data at The Liver Meeting 2026.

Gilead Sciences (GILD) reported that 52.3% of participants in the Phase 3 IDEAL study achieved ALP normalization after one month of Livdelzi treatment, compared to 6.5% on placebo. The response was sustained through Week 52. Serious adverse events were lower in the treatment group (3.1%) than in the placebo group (12.9%).

Gilead's Livdelzi showed 75.4% of patients achieving normal liver marker levels after 52 weeks, vs. 16.1% on placebo, in a Phase 3 trial for PBC. Results will be presented at The Liver Meeting 2026 and published in the Journal of Hepatology. Gilead plans to engage with global regulators based on these findings.

Vir Biotechnology will present results from its ECLIPSE 1 Phase 3 study and expanded SOLSTICE Phase 2 data for hepatitis D treatments elebsiran and tobevibart on November 8, 2026. A conference call is scheduled for November 9 to discuss the findings. The company focuses on treatments for chronic hepatitis delta, a severe form of viral hepatitis.