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DewDiligence

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DewDiligence

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Re: DewDiligence post# 224825

Friday, 05/03/2019 11:21:45 AM

Friday, May 03, 2019 11:21:45 AM

Post# of 252592
The Long Fat HCV Tail may finally have arrived:



https://twitter.com/Howlinghamster/status/1124048571454586881

One quarter isn't enough data to be sure, of course. ABBV's 1Q19 HCV sales of $815M were inline with ABBV's 2019 guidance of $3.3B, but GILD's 1Q19 HCV sales of $790M were $90M above the midpoint of GILD's 2019 guidance range of $2.7-2.9B (which was reiterated yesterday), suggesting that subsequent quarters could be somewhat lighter.

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

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