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Gilead Sciences (GILD) increased the U.S. prices of many of its major products on March 16 by 4.9 percent, including all of its HIV medications, but excluding its hepatitis C treatments and the Yescarta CAR-T therapy, according to Cowen analyst Phil Nadeau. He explains price hikes are “consistent with Gilead’s historical practice,” since the drug maker has typically raised prices once per year during the first quarter. He adds that Gilead will not recognize the full magnitude of the price increases because of discounts, rebates, and regulations.

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