FOSTER CITY, Calif.--(BUSINESS WIRE)--May 16, 2006--Gilead Sciences, Inc. (Nasdaq: GILD - News) today announced that on May 12, 2006, Judge Martin J. Jenkins of the United States District Court for the Northern District of California dismissed with prejudice the securities class action complaint filed in 2003 against Gilead and certain of its current and former officers, In re Gilead Sciences Securities Litigation, Case No. C03-4999 MJJ. The complaint had alleged that the defendants violated federal securities laws by making allegedly false and misleading statements in 2003. The plaintiffs have not indicated whether they will appeal the dismissal.
