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Just-released report names Cannabis Stock of the Year for 2019! Their last pick has seen a +1,200% return since he released it!

This stock has all of the makings of the next great cannabis stock – early-mover advantage, international exposure and influential partnerships, plus it has a product that is unlike anything else on the market…

You will also receive a free, weekly newsletter to stay on top of the latest industry trends, read analysis on promising cannabis stocks, and more. Click here to receive your Free Report immediately!

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Gilead Sciences (NASDAQ:GILD) must watch out for rival companies

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Just-released report names Cannabis Stock of the Year for 2019! Their last pick has seen a +1,200% return since he released it!

This stock has all of the makings of the next great cannabis stock – early-mover advantage, international exposure and influential partnerships, plus it has a product that is unlike anything else on the market…

You will also receive a free, weekly newsletter to stay on top of the latest industry trends, read analysis on promising cannabis stocks, and more. Click here to receive your Free Report immediately!

The ball is in Gilead Sciences (NASDAQ:GILD) court with its hepatitis C drug, Sovaldi, calling the shots in the market. Investors are enthusiastic about the biotech company’s impressive performance so far regarding the drug. Drug therapies like Xtandi from the company Medivation (NASDAQ:MDVN) have a chance for making an impact by increasing the chances of survival in men with prostate cancer.

Drugs like these are a blessing in disguise considering that one out of 7 seven men in the United States will have this diagnosis in their life. The FDA gave the approval for Xtandi to be used in post-chemotherapy for prostate cancer in 2012. This was after the trials indicated that patients taking Xtandi were better off than those taking a placebo, given that the drug gave the patients 18.4 months while the placebo gave 13.6.

Johnson & Johnson (NYSE:JNJ) is gritting its teeth as Xtandi is going up and above against its drug Zytiga thereby taking the lead in therapy for post-chemotherapy patients. It was because of its drug that Medivation (NASDAQ:MDVN) saw a strong quarter with its revenue shooting up from $70 million to $148 million since the last year along with an increased EPS from a loss of $0.07 to a profit of $0.63.

The company is in full swing, however this is just the start for them. The FDA approved Xtandi in September to be used for pre-chemotherapy patients as well. After this news, analysts think that the EPS of Medivation (NASDAQ:MDVN) will rise 42% from its stated $2.42 in the current year making it to $3.34 in the next. This will cause the company’s growth in earnings to increase. Another company doing well and above Gilead Sciences (NASDAQ:GILD ) is Celgene (NASDAQ:CELG) with its treatment Revlimid for multiple myeloma.

This treatment allows Celgene (NASDAQ:CELG) to push more drugs through its clinical trials like Abraxane. This drug is a treatment for cancer which won the company an expansion for it to be used in pancreatic cancer as well. Celgene (NASDAQ:CELG) also launched another myeloma drug, Pomalyst, whose sales increased 102% on a yearly basis making it to $181 million in Q3.

Otezla is another one of the company’s drugs which also gained the company a label expansion in order for it to cater to psoriasis patients as well. Even though the sales of this drug totaled to $18 million in Q3, the company thinks its prospects are higher with them being able to produce over $1 billion each year. Celgene (NASDAQ:CELG) is expected to report an EPS between the range of $3.65-$3.70 in the current year because of its growth in Revlimid as well as its increase in sales for its drugs Otezla, Pomalyst and Abraxane.

Biogen Idec (NASDAQ:BIIB) is another company with spectacular results however its shares have dropped after a patient taking its drug, Tecfiders, passed away with PML. However, this isn’t the only company that hit a rock with this rare brain disease. Bigoen (NASDAQ:BIIB) also launched a drug for the disease called Tysabri whose sales came to a sudden stop.

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