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Gilead Raises HCV Guidance Slightly, Still Mum On M&A

 
• By Joseph Haas

Gilead thinks 2017 HCV sales could reach as high as $9bn, still down from 2016, but higher than projected six months ago. Meanwhile, sales of TAF-based HIV regimens continue to grow and gain market share.

Liver infection

Gilead Sciences Inc. still didn't have anything concrete to say about M&A strategy during its second quarter earnings call July 26, but it surprised market analysts anyway by increasing 2017 sales guidance for its hepatitis C virus (HCV) drugs just a few months after slashing expectations for its sofosbuvir-driven portfolio.

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