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Court victory constrains illicit import channels, reducing competitive pressure from AFPs while protecting GILD's US supply chain and potential pricing power. Similar legal wins around enforcement often boost stock on narrative of stronger regulatory protection and predictable access, though actual financial impact depends on AFP dynamics.
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U.S. Court of Appeals upheld a preliminary injunction against AFPs that import drugs overseas, backing Gilead. The decision could shrink AFPs and strengthen FDA oversight, potentially limiting alternative access for high-cost therapies like Biktarvy and preserving the integrity of GILD's U.S. supply chain.
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