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DewDiligence

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DewDiligence

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Re: caravon post# 177288

Friday, 04/25/2014 1:06:24 PM

Friday, April 25, 2014 1:06:24 PM

Post# of 257265

AbbVie CEO says it won't compete w/ Gilead on price in hep C.

Actually, ABBV’s CEO, Rick Gonzalez, didn’t say that ABBV wouldn’t complete with GILD on price. Rather, Gonzalez said that ABBV’s 3-DAA HCV regimen was very well positioned for the marketplace, particularly with respect to cirrhotic and treatment-experienced patients, where ABBV’s data are somewhat more convincing than GILD’s in terms of SVR12 confidence intervals.

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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