Big pharma approaching bottom of patent cliff
Pharma companies had a bleak day today, with three of the industry’s biggest players reporting falling sales as their best-selling products continue to fall off the ‘patent cliff’. There are signs, though, that the slide may be bottoming out for some.
Worst hit was AstraZeneca, which reported a 15% drop in revenue in the third quarter of the year and a 50% drop in earnings per share, a measure of profitability.
http://blogs.nature.com/news/2012/10/big-pharma-approaching-bottom-of-patent-cliff.html
No comments:
Post a Comment