Breaking News, Financial News

Financial Report: Siegfried

1H revenues up 22%

Author Image

By: Kristin Brooks

Managing Editor, Contract Pharma

Siegfried   1H Revenues: CHF 200.7 million (+22%) 1H Earnings: CHF 20.1 million (+7%) Comments: Sales of active pharmaceutical ingredients grew by 3%, driven by API synthesis, which grew 28% in the first half. Finished dosage forms grew 81%, mainly from the acquisition of Hameln Pharma at the end of 2014. The new production facility in Nantong was inaugurated in the first half and the company completed the acquisition of several segments of BASF’s pharmaceutical supply business....

Continue reading this story and get 24/7 access to Contract Pharma for FREE


Already a subscriber? Sign in

Keep Up With Our Content. Subscribe To Contract Pharma Newsletters