SGIOY - Merck and Gilead announce partnership for long-acting HIV treatments

Merck ([[MRK]] +1.2%) has partnered with Gilead Sciences ([[GILD]] +0.8%) to co-develop and co-commercialize long-acting treatments targeting people living with HIV.The combination will bring together two experimental therapies of companies: Gilead’s capsid inhibitor, lenacapavir, and Merck’s nucleoside reverse transcriptase translocation inhibitor, islatravir.The initial focus of the collaboration will be an oral formulation, and its studies are set to begin in H2 2021.Gilead and Merck will share global development and commercialization costs on a 60%/40% basis, respectively with Gilead leading the commercialization in the U.S. while Merck focuses on the EU and the rest of the world.The companies will equally share the global product revenues until a certain threshold is met, and after net product sales for the oral combination reaches $2B a year, Gilead and Merck will apportion any revenues above the threshold on a ratio of 65%/ 35% respectively.In January, ViiV Healthcare, a joint venture between GlaxoSmithKline (NYSE:GSK), Pfizer (NYSE:PFE) and

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Merck and Gilead announce partnership for long-acting HIV treatments