Diverse base supports solid growth in 2022 for STADA Arzneimittel
German generics drugmaker STADA Arzneimittel (SAZ: Xetra) has reported 11% growth in sales in its annual 2022 results statement, propelled by “numerous launches and line extensions, market-share gains and strong supply reliability.”
The firm’s consumer healthcare and specialty drug businesses were key growth drivers in 2022, with revenues reaching 3.8 billion euros ($4 billion) overall.
The earnings before interest, tax, depreciation and amortization (EBITDA) figure improved by 17%, reaching 875 million euros.
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