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Revenues up 8% in the quarter led by growth in the Pharma Market Unit
October 25, 2018
By: Kristin Brooks
Managing Editor, Contract Pharma
West Pharmaceutical Services 3Q Revenues: $431.7 million (+8%) 3Q Earnings: $55.2 million (+8%) YTD Revenues: $1.3 billion (+9%) YTD Earnings: $154.9 million (+3%) Comments: Proprietary Products segment sales were $325.2 million in the quarter, up 5% led by double-digit growth in the Pharma Market Unit. Contract manufactured product sales were $106.7 million, up 19% driven by continued demand for diabetes-related diagnostic and drug delivery devices. Biologics sales were impacted by a decli...
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