On Wednesday, Shares of Gilead Sciences, Inc. (NASDAQ:GILD), added 0.43% and closed at $77.57 in the last trading session. The last trading range of the stock ranges between $77.20 and $78.00. The company’s Market capitalization is $101.33 Billion with the total Outstanding Shares of 1.32 billion. Gilead Sciences, Inc. (GILD) recently declared it has reached a partnership with the World Health Organization (WHO) to provide $20 million in funding and drug donations over five years to expand access to diagnostic services and treatment for visceral leishmaniasis (VL). As part of this collaboration, Gilead will donate 380,000 vials of AmBisome® (amphotericin B liposome for injection) to meet the needs of WHO to treat VL in key endemic countries, counting Bangladesh, Ethiopia, India, Nepal, South Sudan and Sudan.
VL, also known as kala-azar, is the world’s second-deadliest parasitic infectious disease and affects up to 300,000 people annually in resource-limited countries.
“This new partnershipcomes at the right time as we gear up to support endemic countries in the Eastern Africa sub-region and South-East Asia to eliminate visceral leishmaniasis as a public health problem by or before 2020,” said Dr. Ren Minghui, WHO Assistant Director-General for HIV/AIDS, Malaria and Neglected Tropical Diseases. “During the past five years, AmBisome, donated by Gilead, allowed many countries in the Region highly endemic for VL to implement WHO’s recommended first line treatment, benefitting thousands of people.”
Cameco Corporation (USA)(NYSE:CCJ), jumped 0.37% and closed at $8.13 in the last trading session. The last trading range of the stock ranges between $8.09 and $8.23. The company’s Market capitalization is $3.10 Billion with the total Outstanding Shares of 395.79 Million. Cameco Corporation produces and sells uranium worldwide. It operates through three segments: Uranium, Fuel Services, and NUKEM. The Uranium segment is involved in the exploration for, mining, and milling, in addition to purchase and sale of uranium concentrates. Its operating uranium properties include the McArthur River/Key Lake, Cigar Lake, and Rabbit Lake properties located in Saskatchewan, Canada; the Inkai property situated in Kazakhstan; and the Smith Ranch-Highland property located in Wyoming, in addition to the Crow Butte property situated in Nebraska, the United States. The Fuel Services segment provides refining, conversion, and uranium fuel manufacturing services. Its products include uranium trioxide, uranium hexafluoride, and uranium dioxide. This segment also manufactures and sells fuel bundles and reactor components for CANDU reactors. The NUKEM segment trades in uranium and uranium-related products.