The new class of hepatitis C drugs, led by Gilead Sciences (GILD) and AbbVie (ABBV), has turned into one of the biggest success stories in biotech history. Yet hepatitis C is one of only five viruses that cause viral hepatitis. Do any of the others have such lucrative potential? One possibility is hepatitis B, which despite the existence of a vaccine infects even more people than hep C. The World Health Organization estimates that about 240
Between its brand-new music service and iOS 9 previews, it seems that interest in Apple (AAPL) never wanes. But how are the iPhone maker’s stock and its key suppliers holding up, given recent market volatility, and how do their outlooks stand? Apple has moved sideways the past four months. It tried to break out from a flat base on April 28, but pulled back to start on a new flat base with a higher entry at 134.64. Analysts expect fiscal Q3 profit
Apple (AAPL) launched its bid to stay relevant in the music industry on Tuesday with the debut of Apple Music, a streaming music service built on its acquisition last year of Beats. Apple made the subscription service available to its millions of mobile device users through an update to the iOS 8 operating system about 11 a.m. EDT. Apple Music features an on-demand streaming music catalog of over 30 million tracks, playlists curated by experts, a ive global radio station called Beats 1, and a social network linking fans and artists called Connect. The service costs $9.99 a month after a three-month trial period. A family plan supporting up to six listeners costs $14.99 a month. Apple created Apple Music to protect its iTunes franchise, which has been eroded by the popularity of streaming music services like Spotify and Internet radio services such as Pandora Media (P). When Apple unveiled…