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Why Gilead (GILD) Should Consider Breaking The Company Up Into Two



7/27/2017 6:52:55 AM

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Gilead Sciences is nearing a crossroads of sorts. In short, AbbVie's (NYSE:ABBV) eight-week pan-genotypic hepatitis C combo of glecaprevir and pibrentasvir could emerge as a significant competitive threat to the biotech's struggling hep C franchise moving forward.

That's seriously bad news from a value-creation standpoint. Gilead's hep C sales, after all, are already on track to fall by more than 65% over the next three years due to the dual headwinds of price erosion and lower demand.

Read at Motley Fool


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