Almirall surges after turning losses into profit

30 July 2018

For the second quarter in a row, Almirall (ALM: MC) has reported financial results that suggest that the Spanish drugmaker has put the woes of 2017 behind it.

Last year, the company was beset by problems with its US business, operated by subsidiary Aqua, but restructuring and cost control exercises, and the introduction of a new leadership team, appear to have turned its fortunes around.

"It is key to be bold in the field of innovation, both in R&D and commercially, in order to become a leader in medical dermatology"

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