Biotech Values

[zipjet]

And you feel that Gilead would sit on the sidelines while 50% of their market disappears? I don't think so.

Nor do I.

The question is given the elasticity of demand (which the survey now gives some data), what discount to Sovaldi will maximize profitability for ABBV?

My guess is about 15%.

Should be interesting to see how it comes out.