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October 24, 2008
By: Tim Wright
Editor-in-Chief, Contract Pharma
Elan 3Q Revenues: $270.1 million (+53%) 3Q Loss: $83.5 million (loss of $87.4 million in 3Q07) YTD Revenues: $730.4 million (+35%) YTD Loss: $240.5 million (loss of $321.5 million in YTD07) Comments: Biopharmaceuticals business grew by 85% driven by a strong performance from Tysabri, with Elan’s recorded sales up 159% to $164.5 million. Total in-market sales of Tysabri were $237.0 million in the quarter (+154%). Azactam sales were $24.2 million (+17%). Maxipime sales were $5...
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