Article: Gilead's Phase III HBV Data: Viread Stacks Up To Hepsera.

Byline: Randall Osborne, West Coast Editor

Positive Phase III data with Gilead Sciences Inc.'s Viread for chronic hepatitis B virus didn't surprise Wall Street, and left analysts divided on whether marketing the compound - already prescribed off label - could threaten Hepsera further, the firm's already-cleared therapy, if approved for HBV.

"But if they ultimately get a bigger slice of a growing pie, I don't know if it really matters whether they're selling Viread or Hepsera," noted Sharon Seiler, senior analyst with Punk, Ziegel & Co. in New York, pointing out that the main driver of Gilead's stock remains the HIV franchise.

Hepsera has been ...

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