French drugmaker Ipsen (Euronext: IPN) followed up its outstanding 2017 financial results – that included a 21% rise in group sales – with the promise that more good times are to come.
Investors clearly believe the message, too, with shares in the company closing 5% up on Thursday, at 115.05 euros.
A 26% rise in specialty care sales were responsible for the rise across the group to a total of 1.91 billion euros ($2.4 billion), while for the fourth quarter of 2017, the group sales figure was 519.2 million euros, a 21% increase compared to the last quarter of 2016.
This article is accessible to registered users, to continue reading please register for free. A free trial will give you access to exclusive features, interviews, round-ups and commentary from the sharpest minds in the pharmaceutical and biotechnology space for a week. If you are already a registered user please login. If your trial has come to an end, you can subscribe here.
Login to your accountTry before you buy
7 day trial access
Become a subscriber
Or £77 per month
The Pharma Letter is an extremely useful and valuable Life Sciences service that brings together a daily update on performance people and products. It’s part of the key information for keeping me informed
Chairman, Sanofi Aventis UK
Copyright © The Pharma Letter 2024 | Headless Content Management with Blaze