Gilead Hits the Jackpot With HCV Drug

By Brenton Flynn and Max Macaluso – Nov 13, 2012 at 7:59AM

NASDAQ: GILD

Gilead Sciences

Market Cap

$84B

Today's Change

(-0.26%) -$0.17

Current Price

$66.86

Price as of April 24, 2024, 2:21 p.m. ET

Perfection is unattainable, right?

Gilead (NASDAQ:GILD) just released data for a new hepatitis C combination therapy, and the results are staggering: a 100% cure rate! The news sent the stock soaring more than 13% on Monday. In this video, Motley Fool health care analyst Brenton Flynn breaks down the market potential for Gilead's new therapy and talks about another company with similarly excellent results that will want a share of that market for itself.

Brenton Flynn has no positions in the stocks mentioned above. Max Macaluso has no positions in the stocks mentioned above. The Motley Fool owns shares of Gilead Sciences and Johnson & Johnson. Motley Fool newsletter services recommend Gilead Sciences, Johnson & Johnson, and Vertex Pharmaceuticals. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.