US insurance firm Anthem chooses Gilead's Harvoni as primary HCV drug
US biotech major Gilead Sciences (Nasdaq: GILD) has signed an agreement with US health insurance firm Anthem to provide the company’s hepatitis C drug Harvoni (ledipasvir/sofosbuvir) as the primary treatment for patients.
Anthem told Reuters: “We were able to achieve a very competitive rate and a freeze on retail pricing for 2015. That does favorably impact plan costs for 2015.”
The news sent Gilead shares up 2.8% to $102.30 at the close in New York and surged to as high as $103.90 last week.
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