ClinicaSpace.com
Clinical Research
News & Careers
 
Search the Site
    
 
Biotechnology and Pharmaceutical Channel Medical Device and Diagnostics Channel Clinical Research Channel BioSpace Collaborative    Job Seekers:  Register | Login           Employers:  Register | Login   

 News | News By Subject | News By Date | Search News
Get Our Industry eNewsletter FREE email:    
   

Gilead Sciences, Inc. (GILD) Jumps on Hepatitis C Combo Study Results


11/12/2012 6:39:28 AM

Gilead Sciences Inc. (GILD) rose after a combination of its experimental hepatitis C therapies cleared the virus in 100 percent of patients in a trial. Gilead gained 9.8 percent to $71.36 at 8:02 a.m. New York time, after climbing to $71.86. The Foster City, California- based drugmaker presented results from its clinical trials this weekend at the American Association for the Study of Liver Diseases meeting in Boston. Gilead, the world’s largest maker of HIV medicines, is among several drugmakers racing to develop new hepatitis C treatments that act faster with fewer side effects than the current standard of care. “This is starting to look like a home-run as we now know GILD at least has a 100 percent cure all-oral regimen with its own wholly owned drug with no partnering,” Michael Yee, an analyst at RBC Capital Markets in San Francisco, wrote in a note to clients today.

Read at BusinessWeek
Read at Reuters
Read at PharmaBiz
 
 Read Article at  Related Companies  News Categories
   

ADD TO DEL.ICIO.US    ADD TO DIGG    ADD TO FURL    ADD TO STUMBLEUPON    ADD TO TECHNORATI FAVORITES