Gilead Science's Falls Most in Almost Three Months

Gilead Science's Falls Most in Almost Three Months

Assessment

Interactive Video

Business

University

Hard

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The video discusses the financial and market implications of high drug costs, focusing on Gilead's hepatitis C drug Harvoni, which missed sales estimates due to increased rebates and market misestimation. The impact on the biotech sector is analyzed, highlighting Gilead's influence as a bellwether stock. Additionally, Celgene's REVLIMID trial results are reviewed, noting the failure to meet a key survival endpoint, which affected its stock performance.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What were the two different endpoints of the study mentioned in the text?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

Why was the stock down significantly after the interim analysis of Celgene's study?

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