Saturday, February 21, 2015

Gilead boosts hepatitis C drug discounts, shares slide

Gilead Sciences Inc on Tuesday said it is offering steeper-than-expected discounts on its hepatitis C drugs to health insurers and other group payers who had complained about the price, and the drugmaker's shares slid more than 5 percent. Gilead executives disclosed the discounts on a conference call after the company said strong sales of the drugs, Harvoni and Sovaldi, helped boost net profit ...

Source: http://finance.yahoo.com/news/gilead-profit-beats-forecasts-discounts-222730322.html

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