first off, the sales will not be that high as they will only get a part of the market depending on how well of a job Par pharma reps do with doctors, but I could not find the revenue participation % either, but to answer the next poster, I stated the $15Million milestone from an article from SA and after research and another poster found that to be false, the company IR denies such milestone agreement, I have no idea where the author got that information and on emailing him have gotten no response.
some analysts are saying by 2018 this will bring in 8B per yr and next yr 1.7B I think that is on low side considering the size of the market and the cure rate and alternatives then you have the rest of the world. This will be mega for GILD and the research and other drug companies they will be able to buy from proceeds.
Olysio is not as effective and doesn't work on all types of Hep C in fact the majority of the type in the USA so they have to test to see if that type so it is only 58% effective vs Sovaldi which is 90% J&J is in trouble with their product, GILD will be a hands down choice of ins and drs. This will be huge for GILD and as earnings come in and script numbers you will properly see this stock price rocket even more.
this is a large pharma company so it will affect it but not like a small cap. but it should keep its upward trend intact. As many have said it was in the cards and not a big surprise, had it gone the other way you would have seen a huge downside, as it is a lot of premium goes out of the puts monday. The stock will continue its upside but surprise if it is up $2. They have given estimates of this company doing 3Billion more in revenues next year. earnings will beat estimates. just not a big pop. but for those of us that day trade besides our core positions this will help make MOnday, I traded this 5 times today and made $1100.00 and expect to make more MOnday because I went into close with some open trading positions. There will also be some buyers who got out just in case of the turn down from FDA as it would have crushed and upside wasn't that big as down.
while a lot was already in the stock price as surety of this passing was very high, it is not over, this will continue to go up in value but will also see PE compression as earnings go up but they will go up more than current analysts are projecting as this drug will be huge, it is approved for many types of current hep c that other drugs are not and is now the DRUG of CHOICE. You will see this close above 75 Monday unless the market crashes. New highs are on the way. just a lot of games in AH and should be ignored.
extreme amount of traders in this one, you can tell from the daily volume % of outstanding shares, this thing churns regularly regardless of the number of people that say they are long term holders. I have been here for over a month and probably a long term holder by the average hold time, lol. I don't know what 4yrs will make me.
I don't think they have sold any shares yet and they dont need it for mfg build out, that was already done and FDA approved, it doesn't sound like you listened to the presentation.
I just don't understand why this isn't higher, with eminent approval of their hep C drug and approval almost assured, with the great billion dollar income this should be above 80 easily.
I am planning on adding substantially to my position once this sell off stops but it could take it near $3 IMO so not jumping on yet. but it has very bullish prospects just holding and waiting.
and nickels and dimes add up if you are doing it in 1000s of shares and 5 or 6 times a day. I am willing to settle for pennies or half dollars per share.
the best way to call them out is ask them to post when they buy and when they sell as they do it rather than post script. If they won't do it then assume they are lying. I do a lot of day trading but it is intense, never take my eyes off of screen all day. I usually do it for 3 or 4 months then take a break, with this good market 98% of my trades have been profitable, i don't day trade this except rarely. I started full time on day trading 7 weeks ago again and my goal is $2000 per day and so far on track except for week of Thanksgiving were I took off 3 days but still count them in my count.
they did mention that they had the facility FDA approved and ready and they had room for expansion when needed on CC