The Traderszone Network

Published in TZ Latest News 22 December, 2014 by The TZ Newswire Staff

Actavis, Valeant Largely Avoid Gilead’s Hepatitis Dive

Investors turned a bit skittish on medical stocks Monday, as Gilead Sciences (GILD) plunged after Express Scripts (ESRX) announced it would support the hepatitis C drug from AbbVie (ABBV), rather than Gilead’s Sovaldi. But two IBD Stock Spotlight pharmaceuticals, Actavis (ACT) and Valeant Pharmaceuticals (VRX), took comparatively mild hits. Ireland-based Actavis eased in weak trade.

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