The Traderszone Network

Published in TZ Latest News 15 August, 2014 by The TZ Newswire Staff

Biotech Leader Gilead Sciences Scores Sovaldi Win

Biotech firm Gilead Sciences rose sharply Friday, having touched a new high above 99, after it won a dispute with Roche over rights to its blockbuster hepatitis C drug, which separately was endorsed by the U.K.’s cost-benefit authority. The stock added 3.13 to 99.49 in heavy volume, ending the week up 8%. Gilead Sciences (GILD) is a member of the IBD Sector Leaders as of Friday’s paper.

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