Gilead's Long HIV Patent Life and Emerging Oncology Portfolio Support a Wide Moat
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, and with the HCV market stabilizing, Gilead needs strong continued innovation in HIV, solid oncology launches, and smart future acquisitions to return to growth.