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Biologics revenue was $446 million in the quarter, down 23%, primarily impacted by a decline in demand for COVID-19 related programs.
February 16, 2024
By: Kristin Brooks
Managing Editor, Contract Pharma
Catalent 2Q Revenues: $1.03 billion (-10%) 2Q Loss: $204 million (earnings were $81 million 2Q22) YTD Revenues: $2.0 billion (-7%) YTD Loss: $963 million (earnings were $81 million YTD22) Comments: Results in the quarter were primarily impacted by a decline in demand for COVID-19 related programs. Biologics revenue was $446 million in the quarter, down 23%. Pharma and Consumer health revenue was $587 million, up 3%. For the three months ended June 30, 2023, fixed asset impairment ch...
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