AstraZeneca's sales and profits have increased sharply thanks to setbacks for generic rivals and the launch of a swine flu vaccine in the US.

The UK’s second largest pharmaceutical company said revenues in the third quarter rose 5pc to $8.2bn (£5bn) and pre-tax profits 24pc to $3.03bn.

On constant exchange rates, sales rose 10pc and around half of this was contributed by growth in the sales of Toprol-XL, the high blood pressure treatment which was expected to be hit by generic rivals, and $152m of sales from the company’s nasal-spray swine flu vaccine. In the key US market, this helped to drive a 14pc growth in sales.

David Brennan, the chief executive, said: “Our strong business performance is driven by good operating execution bolstered by revenue upsides from Toprol-XL and H1N1 vaccine sales.

“Business performance in the context of tough global economic conditions has been better than we anticipated which, together with good operating execution and some unexpected revenue upsides, including Toprol-XL and delayed generic entry of Casodex in the US, combined to drive our strong performance in the first half.

“As expected, this trend has continued in the third quarter, including an uplift from initial sales of H1N1 influenza vaccine.”

Overall, the company is expecting $453m of sales from the swine flu vaccine, which has only been approved in the US.

As a consequence of the results, Mr Brennan upgraded the company’s forecasts for the year for earnings per share from $5.70-$6.00 to $6.20-$6.40.

Source: Telegraph.co.uk, Oct 29 2009
By Graham Ruddick

Views: 3

"Destroying the New World Order"

TOP CONTENT THIS WEEK

THANK YOU FOR SUPPORTING THE SITE!

mobile page

12160.info/m

12160 Administrators

 

Latest Activity

Doc Vega posted a blog post
8 hours ago
pohonemas33 team commented on tjdavis's photo
Thumbnail

DejaVu

"nice very goodjob, i wish you can visit official situs pohonemas33"
15 hours ago
Sandy posted a photo
yesterday
Doc Vega posted a blog post
yesterday
Saint Quinn favorited Burbia's video
Friday
Doc Vega posted blog posts
Thursday
Burbia commented on tjdavis's blog post The Jewish Couple That Taught Bob Dylan Hebrew and Introduced Him to Zionism
"Haaretz put this story behind a pay wall. Sali Ariel and Terry Noble were the names of the couple…"
Wednesday
William Heckman is now a member of 12160 Social Network
Wednesday
cheeki kea commented on tjdavis's photo
Wednesday
cheeki kea commented on cheeki kea's video
Thumbnail

This Woman DESTROYED Harley-Davidson's Future Forever

"It's a sad day on the highway. But I guess the show must go on. Watch out for the ruination of…"
Wednesday
cheeki kea posted a video

This Woman DESTROYED Harley-Davidson's Future Forever

This Woman DESTROYED Harley-Davidson's Future ForeverWelcome to Ride Radar – Your Frontline Source for Motorcycle Deals, Trends & Market Mayhem.Looking for t...
Wednesday
tjdavis posted a photo
Wednesday
Burbia posted a status
"Who knew releasing the MLK files and literally deflecting, it ends up implicating himself with the Epstein Files."
Tuesday
Burbia posted a video

Dan Bilzerian DEMOLISHES MAGA Nutjob Patrick Bet-David on His Own Show

Watch as two powerhouse personalities collide in this no-holds-barred debate on one of the world’s most contentious issues. Patrick Bet-David, known for his ...
Monday
Doc Vega's 7 blog posts were featured
Jul 20
tjdavis's 2 blog posts were featured
Jul 20
Less Prone favorited tjdavis's blog post Track AIPAC
Jul 20
FREEDOMROX's blog post was featured

MRNA VACCINES: Question

Hello my fellow sojourners,I know it has been five years since the Plandemic, but one question has…See More
Jul 20
Less Prone favorited FREEDOMROX's blog post MRNA VACCINES: Question
Jul 20
cheeki kea commented on cheeki kea's photo
Jul 19

© 2025   Created by truth.   Powered by

Badges  |  Report an Issue  |  Terms of Service

content and site copyright 12160.info 2007-2019 - all rights reserved. unless otherwise noted