Gilead Could Be The Winner From Washington State's Winner-Take-All Hep C Proposal [Seeking Alpha]
Bristol-Myers Squibb Company (BMY)
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Source: Seeking Alpha
Gilead Could Be The Winner From Washington State's Winner-Take-All Hep C Proposal The states of Louisiana and Washington are bringing a Netflix (NASDAQ: NFLX model GILD What Washington is attempting to do has been commonly done for other services/products. It creates an RFP (request for Proposal) process for drug manufacturers to compete for their business. While this idea is nothing new nor novel, it comes with issues that most aren't considering. The market for Hepatitis C providers has been shaken up since Gilead's Sovaldi hit the market in 2013, and now, the most common Hep C products for consumption are: Drug Company Approval Mavyret AbbVie Aug.-17 Vosevi July-17 Epclusa June-16 Zepatier Merck Jan.-16 Daklinza* Bristol-Myers Squibb July-15 Harvoni Oct.-14 Dec.-13 *Daklinza taken in combination with Sovaldi On a pure numbers basis, Gilead would be the most logical company to win these contracts as it has the most drugs currently being used, but that is not usually how RFP processe
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