Source: http://finance.yahoo.com/news/gileads-deep-discounts-fuel-investor-234104161.html
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Thursday, February 5, 2015
Gilead's deep discounts fuel investor worries about drug pricing
Investors reassessed their growth expectations for the red-hot biotechnology sector on Wednesday after Gilead Sciences Inc warned of steep drug discounts, but a number of fund managers seemed prepared to stick with the stocks. Gilead disclosed late on Tuesday that it would give health insurers and pharmacy benefit managers discounts of 46 percent on its hepatitis C drugs to win market share from ...
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