Why Gilead Should Pay Close Attention And Maybe Even Fear Allergan's NASH Program

"The next hepatitis C."

That's what another liver disease, non-alcoholic steatohepatitis (NASH), has been called. The global market for NASH drugs could be $40 billion annually -- and there are no approved treatments for the disease. Gilead Sciences (NASDAQ:GILD) is sorely in need of something beyond hepatitis C, with sliding sales of its hep-C drugs Harvoni and Sovaldi.

Gilead has high expectations for its late-stage NASH candidate GS-4997.

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