Archives for March 2016

March 2016 - Page 2 of 27 - Money Morning - Only the News You Can Profit From

How to Protect Your Biotech Profits from This Legal Limbo

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Gilead Sciences Inc.'s Sovaldi was a real breakthrough in the fight against the chronic liver disease hepatitis C (HCV). The condition may show no symptoms for years after initial infection but can slowly become debilitating.

Hepatitis C affects as many as 200 million people worldwide, and before Sovaldi, the approved drug regimen could treat only about 50% of cases and could cause serious side effects. Treatment was generally long – 24 to 48 weeks – and arduous.

Sovaldi, on the other hand, could cure more than 90% of cases in a matter of weeks at a cost, in the United States, of around $94,000. The pricing caused controversy, but the drug proved transformative for HCV patients, their families, and doctors.

Sovaldi also proved a huge windfall for investors when it received FDA approval in 2013 and entered the pharmaceutical marketplace the following year.

So far, Gilead shareholders have seen a 2:1 split, several dividend payouts, and gains of more than 155% since 2013. Sales of Sovaldi and Gilead's other HCV drug, Harvoni, topped $12.5 billion in 2015 alone.

There's just one big, expensive problem...

3 of the Most Outrageous Social Security Fraud Schemes in Program History

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Thousands of crooks commit Social Security fraud each year.

And it comes in many forms – payee abuse, fiduciary deception, fake disability claims. The list goes on.

Here's a look at three of the most outrageous examples that average Americans wound up footing the bill for...

One Trade to Profit from P2P Lending's Latest Headwind

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For several months now, I've been telling you about the dangers of online lending, also known as peer-to-peer (P2P) lending.

Right now, the Supreme Court is giving serious consideration to a case that could undo decades of precedent… and absolutely crush online lenders.

Today, I'm going to tell you why the case could represent a landmark in finance... and more importantly, I'll give you a trade that can deliver profits no matter how the court ultimately rules...