ARTICLE | Company News
Gilead HCV sales continue to weaken
May 3, 2017 12:07 AM UTC
Gilead Sciences Inc. (NASDAQ:GILD) slipped $1.69 to $66.90 in after-hours trading after it said HCV sales continued to decline in 1Q17 and reiterated its full-year guidance. The company missed quarterly earnings and revenue estimates.
The guidance, which incorporated fewer patient starts for blockbusters Harvoni ledipasvir/sofosbuvir and Sovaldi sofosbuvir, fell far short of investors' expectations when the company issued it in February (see BioCentury Extra, Feb. 7)...
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