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Gilead Offers Split Guidance For HCV; Expects Further Decline In 2017

 
• By Joseph Haas

A 22% decline in hepatitis C sales year-over-year was offset somewhat by a 17% uptick for the HIV franchise, but the virology powerhouse is guiding for continued HCV falloff in 2017.

Global currency

After a significant decline in its hepatitis C sales in 2016, Gilead Sciences Inc. is splitting its product sales guidance for 2017 into two categories – separating out the HCV franchise from the rest of its business –conceding that HCV sales will continue to decline this year and it is difficult to pinpoint the degree of that trend.

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