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Growth in the quarter was driven by the Specialty Injectable Pharmaceuticals segment, with strong U.S. sales of the generic oncolytic oxaliplatin and Precedex, Hospira's proprietary sedation agent.
April 27, 2010
By: Tim Wright
Editor-in-Chief, Contract Pharma
Hospira 1Q10 1Q Revenues: $1.0 billion (+17%) 1Q Earnings: $141.7 million (-14%) Comments: Growth in the quarter was driven by the Specialty Injectable Pharmaceuticals segment, with strong U.S. sales of the generic oncolytic oxaliplatin and Precedex, Hospira’s proprietary sedation agent. Global Specialty Injectables revenue was $611.4 million in the quarter, up 42%. In the Americas, revenue was $483.9 million (+45%). In Europe, Middle East & Africa sales were $69.9 million (+2...
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