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Stock impact report

3 Big Pharmas Trying to Pop the Rebate Bubble [The Motley Fool]

Gilead Sciences, Inc. (GILD) 
Last gilead sciences, inc. earnings: 4/30 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.gilead.com
Company Research Source: The Motley Fool
3 Big Pharmas Trying to Pop the Rebate Bubble If you think the science driving the biopharmaceutical industry is wonky, try to follow a drug's paper trail once it leaves the manufacturer. In the U.S., wholesale distributors, retail pharmacies, hospitals, and physician practices are only the beginning. Undisclosed rebates that drugmakers concede to insurers and their intermediaries make following the money a complete mind-bender. A government proposal in the works could lead to important changes that benefit patients and drugmakers, but the industry isn't going to wait that long. Eli Lilly ( NYSE:LLY Amgen NASDAQ:AMGN Gilead Sciences NASDAQ:GILD Image source: Getty Images. . Gilead Sciences: Going generic Last September, Gilead Sciences made heads spin when it started undercutting its own hepatitis C antiviral (HCV) drugs with generic versions. Gilead probably won't lose any money, but the insurers and the pharmacy benefit managers Gilead Sciences has to send rebates to PBMs worth more Show less Read more
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