Lewes, DE -- (SBWIRE) -- 03/14/2019 -- As per NAVADHI Market Research, the global pharmaceutical industry will we worth USD 1.57 trillion by 2023.

Gilead Sciences, Inc. (Gilead) is a U.S. based biopharmaceutical company that discovers, develops and commercializes innovative medicines in areas of unmet medical need. Gilead's primary areas of focus include HIV/AIDS, liver diseases, hematology/oncology and inflammation/respiratory diseases.

Gilead Sciences registered profit in the fourth quarter from a loss last year, helped by a push in income taxes provision.

Company's 2018 Revenue declined 2.6% to USD 5.8 billion. The results reflected by lower product sales in Europe and in other regions. Chronic hepatitis C virus franchise sales plunged 50.8% due to lower average selling price and lower sales volume of Harvoni and Epclusa across all major markets as a result of increased generic competition and the lower patient engagement.

For the fourth quarter, R&D expenses increased by 69.6% Y-O-Y. This was primarily due to an impairment charge related to in-process R&D for multiple myeloma treating program, up-front collaboration expenses and higher investments to support the growth of Gilead's business following the acquisition of Kite.

Spanning over 30 pages and 18 exhibits, "Gilead Sciences, Inc. - Company Snapshot & SWOT Analysis" report provides value chain analysis, financial performance, business strategy and SWOT analysis for company.

Scope of the Gilead Sciences, Inc.- Company Snapshot & SWOT Analysis Report
- This report provides detailed information about Gilead Sciences, Inc. including value chain analysis, financial performance, business strategy and SWOT analysis.
- The report identifies the growth drivers and inhibitors for global pharmaceutical market.
- This report provides information about current and future trends for global pharmaceutical market.

For more details visit: https://www.marketresearchreports.com/navadhi/gilead-sciences-inc-company-snapshot-swot-analysis

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