The FDA Issues a Stunning Rejection

In this video, health-care analyst David Williamson discusses the FDA's shocking rejection of two drugs they already approved. Gilead Sciences received a complete response letter for HIV drugs elvitegravir and cobicistat, both of which are currently components of the big biotech's quad pill Stribild.

Watch and find out why the FDA came to this conclusion, and what it means for Gilead and investors.

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  • Report this Comment On April 30, 2013, at 10:29 AM, TMFHelical wrote:

    Manufacturing issues are resolvable. If this were a biopharmaceutical, there could be more concerns about manufacturing being 'black box', but as small molecule drugs these issues shouldn't be a long term concern. Agree the market was correct to shrug.

    Ralph

    Helical Investor

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