HIV prevention study halted due to lack of benefit


Gilead shares closed 3.3 percent lower, compared with a drop of 1.5 percent for the NYSEArca biotech index.

The trial, known as FEM-PrEP, was conducted by the nonprofit organization Family Health International (FHI) and tested women in Kenya, South Africa and Tanzania who were not already infected with HIV, the virus that causes AIDS.

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