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Gilead (GILD): Sofosbuvir Doomsday Litigation Scenario Off the Table, Says RBC

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Gilead Sciences (GILD) Receives Favorable Ruling in Arbitration with Roche (RHHBY)

August 15, 2014 6:12 AM EDT

Gilead Sciences (NASDAQ: GILD) disclosed the following on Friday morning:

In March 2013, Roche initiated an arbitration against us and Pharmasset, predecessor to Gilead Pharmasset LLC, regarding a 2004 collaboration agreement between Roche and Pharmasset. In the arbitration demand, Roche (OTCBB:... More