Gilead Up As Analyst Lifts Sovaldi Q3 Estimate

By | September 16, 2014

Scalper1 News

Gilead Sciences (GILD) stock was rebounding in afternoon trading on the stock market today, as an analyst lifted his Q3 forecast for sales of blockbuster hepatitis C drug Sovaldi. FBR analyst Andrew Berens raised his estimate to $2.24 billion from $1.94 billion after examining August prescription data from health industry research firm Symphony Health Solutions. After a record-breaking launch following U.S. approval last December, Sovaldi’s sales Scalper1 News

Scalper1 News