Gilead is my largest holding.
They also have a new drug called Sovaldi which is a CURE FOR HEPATITIS, all types.
12 weeks of pills, one a day- $84k-$166k- full cure.
There is a DESPERATE ATTEMPT BY LARGE INSURANCE AND EXPRESS SCRIPTS TO BREAK THE PRICING ON IT RIGHT NOW. Literally demonizing Gilead.
It started about 6-8 weeks ago
The actual truth of what is happening is that the insurance industry is "warehousing patients by denying to buy Sovaldi at that price"
In effect they are refusing to approve access to the drug to the CURE FOR HEPATITIS because they think they can win a CAMPAIGN THROUGH THE MEDIA and pay lower prices later.
.........its all about $$$$$$$$$$$$
Gilead has a MAJOR SET OF DRUGS COMING UP FOR APPROVAL from august through November also.
On a side not my second largest holding is in MANNKIND AFREZZA, dreamboat inhaler.
It is ALMOST INSTANT ACTING inhalable insuline, in nano particle size THAT DOES NOT REQUIRE REFRIGERATION.(africa, blacks, diabetes)
PDUFA approval is due on July 15
Say goodbye to NEEDLES.
Approved for type one AND type two diabetes.