Grifols' rising revenue meets expectations

18 November 2016

Spanish drugmaker Grifols (GRF: MC) raised 1 billion euros ($1.06 billion) in revenue in the third quarter of 2016, a 3% increase compared with the same period the previous year.

Growth in all three divisions during the quarter helped to further reduce the debt of the Barcelona-based firm, which specializes in blood plasma-based products.

"One of the main efforts focuses on increasing stocks of plasma to satisfy growing demand on a sustainable basis, by streamlining the plan to open plasma donor centres in the USA"

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