Financial News

Financial Report: Gilead

Revenue climbs 37% in the quarter driven by Harvoni

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By: Kristin Brooks

Managing Editor, Contract Pharma

Gilead 3Q Revenues: $8.3 billion (+37%) 3Q Earnings: $4.6 billion (+69%) YTD Revenues: $24.1 billion (+37%) YTD Earnings: $13.4 billion (+56%) Comments: Antiviral product sales were $7.7 billion in the quarter, up 40% primarily driven by Harvoni  sales of $3.3 billion, partially offset by a decrease in sales of Sovaldi (-48% to $1.5 billion)  as a result of uptake in Harvoni. Atripla sales were $818 million in the quarter, down 9%. Stribild sales were $511 million, up 56%. Complera sales we...

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