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Tysabri revenues were up 23% to $245.2 million in the quarter, offsetting revenue loss from legacy products including Azactam, Prialt, Maxipime and Skelaxin, which contributed $38.7 million in 1Q10.
April 20, 2011
By: Tim Wright
Editor-in-Chief, Contract Pharma
Elan 1Q11 1Q Revenues: $313.0 million (+1%) 1Q Earnings: $68.2 million (loss of $6.8 million in 1Q10) Comments: Tysabri revenues were up 23% to $245.2 million in the quarter, offsetting revenue loss from legacy products including Azactam, Prialt, Maxipime and Skelaxin, which contributed $38.7 million in 1Q10. Total revenue from the Elan Drug Technologies drug delivery business was $65.9 million (-14%). Earnings in the quarter include a $78.0 million settlement gain related to Abraxis....
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