Gilead Wins Sovaldi Dispute With Roche, U.K. Nod

By | August 15, 2014

Scalper1 News

Big-cap biotech Gilead Sciences (GILD) was up 1% in midday trading on the stock market today, earlier touching a new high above 99, after it won a dispute with Roche over rights to its blockbuster hepatitis C drug, which separately was endorsed by the U.K.’s cost-benefit authority. Roche (RHHBY) had claimed rights to the drug, Sovaldi, last year due to its partnership with Pharmasset, which developed Sovaldi before Gilead acquired Pharmasset in Scalper1 News

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