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Published on FierceBiotech (http://www.fiercebiotech.com)

Gilead Sciences - Big Biotech's Stock Report

By maureen
Created Mar 26 2008 - 9:07am

Company: Gilead Sciences
Starting stock price: $32.16
Ending stock price: $46.01
Percent Change: 43.06%

Scoop: Gilead's big achievement of '07 was the FDA approval of Letairis [0], a hypertension drug that marked the company's entry into the lucrative cardiovascular space. The company reported strong Phase III results for aztreonam lysine for cystic fibrosis, and Gilead's late-stage hepatitis B treatment Viread is closing in on FDA approval [0]. Booming sales and an EU approval [1] of HIV treatment Atripla rounded out a great year for Gilead.

Current stock price (3/25): $51.01


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