Cowen Remains Bullish on Gilead Sciences (GILD) Following Data Release

Go back to Cowen Remains Bullish on Gilead Sciences (GILD) Following Data Release

Biotechs Pressured Following Clinton Tweet (IBB)

September 21, 2015 12:35 PM EDT

Biotech stocks are getting hit on Monday following a post to Twitter by presidential candidate Hillary Clinton.

Clinton noted a New York times piece, which... More

Gilead Sciences (GILD) Announces Positive Update on Four Sofosbuvir Combo Phase 3s in Certain HCV

September 21, 2015 8:32 AM EDT

Gilead Sciences (NASDAQ: GILD) announced topline results from four international Phase 3 clinical studies (ASTRAL-1, ASTRAL-2, ASTRAL-3 and ASTRAL-4) evaluating a once-daily, fixed-dose combination of the nucleotide analog polymerase inhibitor sofosbuvir (SOF) with velpatasvir (VEL), an investigational pangenotypic NS5A inhibitor, for the treatment of genotype 1-6 chronic hepatitis C virus (HCV) infection.

In the ASTRAL-1, ASTRAL-2, and ASTRAL-3 studies, 1,035 patients with genotype 1-6 HCV infection received 12 weeks of SOF/VEL. Among these patients, 21 percent had compensated cirrhosis and 28 percent had failed prior treatments. The ASTRAL-4 study randomized 267 patients with decompensated... More

UPDATE: Bristol-Myers Squibb (BMY) Ticks Higher on Unconfirmed Chatter

September 18, 2015 1:50 PM EDT

(Updated - September 18, 2015 2:10 PM EDT)

Bristol-Myers Squibb (NYSE: BMY) ticked higher on unconfirmed market chatter related to a potential combination with Gilead Sciences (NASDAQ: GILD).

Update:

Today's rumor may have roots in a research note by analyst... More

Biopharma M&A Wave to Continue, Piper Jaffray Says (GILD) (BIIB) (AMGN) (AGN) (ABBV)

September 18, 2015 8:14 AM EDT

Analysts at Piper Jaffray said the M&A wave in Biopharma is not over yet and they see a number of big players making deals over the near-term.

"With debt still easily accessible, balances sheets generally strong and payor consolidation creating pricing and growth pressures, the field remains ripe for additional activity," Piper Jaffray analysts said.

For potential biotech mergers, the analysts note most investors expect Gilead Sciences (NASDAQ: GILD) to be acquisitive and increasingly hope Biogen (NASDAQ: BIIB) will be too. They also think Amgen... More