Thursday, July 19, 2007

Gilead profit rises on sales of HIV fighters

(Reuters) - The Foster City, California-based maker of Truvada and Atripla, which combine anti-HIV drugs into a single pill, posted net income of $407.9 million, or 42 cents per share, compared to a profit of $265.2 million, or 28 cents per share, a year earlier.



Excluding items, Gilead earned 46 cents, beating analysts' average expectation of 39 cents per share, according to Reuters Estimates.


Read more at Reuters.com Market News

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