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FY09 revenue from the Biopharmaceuticals business was up 20% to $837.1 million and for 4Q09 was up 28% to $231.9 million.
February 10, 2010
By: Tim Wright
Editor-in-Chief, Contract Pharma
Elan 4Q 4Q Revenues: $300 million (+11%) 4Q Loss: $57.7 million (earnings were $169.5 million in 4Q08) FY Revenues: $1.1 billion (+11%) FY Loss: $176.2 million (loss of $71.0 million FY08) Comments: FY09 revenue from the Biopharmaceuticals business was up 20% to $837.1 million and for 4Q09 was up 28% to $231.9 million. Revenue growth was driven by Tysabri sales, up 30% for the year to $724.3 million, and for the quarter sales were $200.5 million (+32%). Azactam sales w...
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