U.S. FDA approves Gilead's Descovy for HIV prevention

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U.S. FDA approves Gilead's Descovy for HIV prevention
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The U.S. Food and Drug Administration on Thursday approved Gilead Sciences Inc&#...

) Descovy to reduce the risk of sexually acquired HIV infection in men and transgender women who have sex with men.

Truvada was also approved as a daily pill for pre-exposure prophylaxis, or PrEP, in 2012. Gilead has said it aims to transition PrEP use from Truvada to Descovy before the older drug loses patent protection, which is expected next year.The FDA-approved label for Descovy, while more limited than Truvada’s, “comes as expected,” RBC Capital Markets analyst Brian Abrahams said in a research note.

Gilead said on Thursday it has several patient assistance programs in place to help people get access to Descovy.

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