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GILD - 3 Biotechs With the Biggest Cash Stockpiles
Gilead Sciences Inc.
Cold, hard cash. Getting it is frequently one of the main challenges for biotechs, particularly those with no approved products. But several of the largest biotechs currently sit on mountains of cash they can use to reward shareholders in multiple ways.
The three biotechs with the biggest cash stockpiles are Gilead Sciences(NASDAQ: GILD), Amgen(NASDAQ: AMGN), and Celgene(NASDAQ: CELG). Here's how much money these companies have -- and what they're likely to spend it on.