Gilead’s Milligan Says Hepatitis C Drug Attracts Payers

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Gilead Sciences Inc., the world’s largest maker of HIV medicines, said insurers have responded favorably over coverage of its new hepatitis C drug, which has a price tag of $84,000 for a 12-week course of treatment.

The medicine’s ability to cure patients, cutting the lifetime cost of care, makes it an appealing proposition for payers, said John Milligan, chief operating officer of the Foster City, California-based drugmaker.