The drugmaker's shares jumped by more than 9% in premarket trading. Mallinckrodt attributed its strong performance to sales of hospital products and generic drugs.Adjusted earnings per share: $1.94 versus $1.70 expected"We have started 2019 with continued strong operational execution, achieving robust top- and bottom-line growth, and resulting in significant cash generation as we continue to transform our company," CEO Mark Trudeau said in a statement.
Sales of one of the company's best-performing drugs, H.P. Acthar Gel, fell 8.2%, bringing in $223.9 million compared to last year's $243.8 million. The company said it still expects sales for the drug to exceed $1 billion this year.35% of Mallinckrodt's net sales H.P. Acthar Gel is known for its sharp price hike in 2007. That year Questcor raised the price of one vial of the medicine too $28,000 from $2,000 — it now costs more than $40,000.
Мы обобщили эту новость, чтобы вы могли ее быстро прочитать.Если новость вам интересна, вы можете прочитать полный текст здесь Прочитайте больше:
Россия Последние новости, Россия Последние новости
Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей
Pfizer posts earnings beat, raises 2019 profit forecastPfizer Inc on Tuesday beat Wall Street estimates for quarterly profit and slight... GREED over People Can Just Be So Profitable!!! HAHAHAHAHA Don't Actually CURE Anything - Just Advertise Crazy Igotahavitol Wonder Pills To Cure ANYTHING - While Giving You Horendous Side Effects BrainCandy WAKE UP PEOPLE - TRY HARDER! So, Congress will be able to heat their swimming pools for another year . . .
Источник: Reuters - 🏆 2. / 97 Прочитайте больше »
Weight Watchers shares jump 5% as first-quarter earnings aren't as bad as fearedWeight Watchers swung to a loss of $10.7 million during the first quarter from a profit last year, but it wasn't as bad as analysts expected.
Источник: CNBC - 🏆 12. / 72 Прочитайте больше »
Fiat Chrysler shares jump on mixed first-quarter earningsThe automaker said slowing sales in North America and Europe drove profit south, however sales of new U.S. pickup trucks like the Jeep Gladiator and Ram models would help lift its 2019 profit target.
Источник: CNBC - 🏆 12. / 72 Прочитайте больше »
Carlsberg first-quarter sales beat estimates on Asian market boostDanish brewer Carlsberg on Thursday reported a 9 percent jump in first-quarter s... How mark Carlsberg frist meeting golden good people of agreed upon no next telling you
Источник: Reuters - 🏆 2. / 97 Прочитайте больше »
Ferrari beats on first-quarter earnings, stock surgesFerrari confirmed its full-year targets after core earnings rose 14 in the first quarter, driven by a strong performance of its Portofino model. In the world...you have cars and you have Ferrari
Источник: BusinessInsider - 🏆 729. / 51 Прочитайте больше »