News Focus
News Focus
icon url

DewDiligence

02/04/20 4:41 PM

#228495 RE: ronpopeil #228494

GILD 4Q19 HCV sales=$630M, -6.5% QoQ on a GAAP* basis. The 4Q19 HCV geographic breakdown was: US $337M; EU $151M; RoW $142M. Full-year 2019 HCV sales were $2.87B (consistent with the $2.7-2.9B guidance given in Feb 2019: #msg-146569713).

GILD’s worldwide HCV patient starts in 4Q19 (CC slide #38) increased to 45K from 42K in 3Q19 (an increase of 25K to 28K in the US), implying further price erosion in the market.

--
4Q19 PR:
http://investors.gilead.com/financial-information/quarterly-earnings

CC slides:
http://investors.gilead.com/static-files/36dc002c-bce8-4242-b087-f4e388d6b606

*See explanation in #msg-151900789.