Gilead Sciences Inc GILD

Morningstar Rating

Gilead's Inflammation Pipeline Could Extend Its Moat Beyond HIV and Oncology

Business Strategy and Outlook

Gilead Sciences generates stellar profit margins with its HIV and hepatitis C virus, or HCV, portfolio, which requires only a small salesforce and inexpensive manufacturing. We think its portfolio and pipeline support a wide moat, but Gilead needs strong continued innovation in HIV, solid oncology launches, and smart future acquisitions to guarantee mid-single-digit growth over our 10-year forecast.

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