Pharmaceutical Business review

Gilead Sciences Q4 revenues fall

Gilead Sciences generated a net income of $629.42m for the fourth quarter 2010, or $0.76 per diluted share, compared to $802.21m, or $0.87 per diluted share, against the same period in 2009.

Gilead Sciences’ income from operations was $829.38m, compared to $1.07m for the comparable period in 2009.

For the full year ended 31 December 2010, revenues were $7.95bnm, compared to $7.01bn during the prior year period.

Income from operations for the full year ended 31 December 2010 was $3.96bn, compared to $3.53bn.

Net income was $2.9bn, or $3.32 per diluted share, compared to $2.64bn, or $2.82 per diluted share.