Shire sales hit the mark thanks to strong immunology performance

1 November 2018

London-listed rare disease specialist Shire (LSE: SHP) has released its third quarter 2018 results, revealing sales of $3.8 billion, in line with analysts’ expectations, and 6% higher than the same period in 2017.

Net income was $537 million, following Generally Accepted Accounting Principles (GAAP), which equates to earnings of $1.75 per share.

Growth was driven by international expansion, a strong performance in immunology and a good showing for the firm’s recently-launched products.

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