Loss of exclusivity sets back UCB but more launches to come

22 February 2023

Belgian drug major UCB (Euronext: UCB) outpaced revenue expectations for 2022, taking in 5.52 billion euros ($5.9 billion), well ahead of the FT consensus forecast of 5.34 billion euros.

The revenue result represents a 4% year-on-year drop, with net sales coming in at 5.14 billion euros and the earnings per share (EPS) figure reaching 4.37 euros.

UCB is suffering from the loss of exclusivity for E Keppra (levetiracetam) in Japan and Vimpat (lacosamide) in the USA and Europe.

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