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Contract manufacturing revenues account for 79% of 4Q11 sales
February 16, 2012
By: Tim Wright
Editor-in-Chief, Contract Pharma
West Pharmaceutical Services 4Q Revenues: $295.4 million (+7%) 4Q Earnings: $18.9 million (+2%) FY Revenues: $1.2 billion (+8%) FY Earnings: $75.5 million (+6%) Comments: Pharmaceutical Packaging Systems sales were $210.3 million (+9%), contributing approximately half of overall revenue growth. Pharmaceutical Delivery Systems sales were $85.3 million in the quarter (+2%). Contract manufacturing revenues accounted for 79% of sales in the quarter, and proprietary products accounted for 21%. R...
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