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Gilead (GILD): New potential in 4-in-1 HIV drug

 Nov 05, 2009 06:10 PM UTC
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Graphic_arrow1 Via BloggingStocks:  

Filed under: Newsletters, Gilead Sciences (GILD), Stocks to Buy

"Gilead Sciences (NASDAQ: GILD) develops treatments for life-threatening diseases and specializes in drugs for HIV, the virus that causes AIDS," notes Hannah Choe.


The contributing editor to Personal Finance explains, "Already the market leader in HIV antivirals, Gilead is in the beginning stages of developing Quad, the first-ever, four-in-one AIDS pill.


"The manufacture of HIV drugs, which accounts for more than three-quarters of revenue, is Gilead's highest-grossing business. This segment has held up through the recession; in the second quarter product sales for the antiviral franchise grew 26% from a year ago to $1.41 billion.

Continue reading Gilead (GILD): New potential in 4-in-1 HIV drug

Gilead (GILD): New potential in 4-in-1 HIV drug originally appeared on BloggingStocks on Thu, 05 Nov 2009 13:10:00 EST. Please see our terms for use of feeds.

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