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1 Biotech Challenging the Hep-C Goliath

By Dave Williamson - Apr 16, 2013 at 5:46PM

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David is taking on Goliath in the gold mine hepatitis C industry.

In this video, David Williamson describes how Achillion Pharmaceuticals (ACHN) may challenge Gilead's (GILD 0.90%) dominance in the Hepatitis C drug market. Achillion is concluding phase 2 clinical trials of its oral interferon medication, and so far, things are looking good. If successful in phase 3 trials, Achillion could directly challenge Gilead's interferon medication. For investors, the success of Achillion's drug is attractive, but the potential for Achillion to be a takeover target is even more enticing. The company has a market cap of around $575 million and could easily be bought out by the likes of Bristol-Myers Squibb.

Check out the video for more details.

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Stocks Mentioned

Achillion Pharmaceuticals, Inc. Stock Quote
Achillion Pharmaceuticals, Inc.
ACHN
Gilead Sciences, Inc. Stock Quote
Gilead Sciences, Inc.
GILD
$63.84 (0.90%) $0.57
AbbVie Inc. Stock Quote
AbbVie Inc.
ABBV
$151.01 (-0.47%) $0.71

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