Gilead Sciences
Makes medicines against viruses like HIV and hepatitis.
📖 Its story
In 1987, a doctor named Michael Riordan started a company in California to fight viruses. At first it was called Oligogen, because another organization was already using the name Gilead. Later he paid to get the name he wanted.
💵 How it makes money
It sells medicines to treat and prevent virus infections and some kinds of cancer.
🤯 Fun fact
Its founder paid 1,000 dollars to be able to use the name Gilead, inspired by the ancient 'Balm of Gilead.'
👍 The good part
Its medicines have helped people with HIV live long lives.
⚠️ The risk
It depends on a few very important medicines, and if competition arrives or its patents run out, it could sell less.
🧠 Did you get it?
What was Gilead called at first?
🗂️ Quick facts
- Founded in: 1987
- Founded by: Michael Riordan
- Home: Foster City, California, USA
🔎 How to find it on the stock market
- Search the internet for GILD stock.
- You can also find it in your parents' investing app with the letters GILD.
- Check how much one share costs and whether today it's green (went up) or red (went down).
🎮 Buy it in the game
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