Volume 92 Issue 32 | pp. 16-17
Issue Date: August 11, 2014

Biotechs Beat Pharma In First-Half Earnings

Big biotech firms outshone traditional drugmakers in the first half of 2014
Department: Business
Keywords: pharmaceuticals, biotech, earnings, HCV

Boosted by successful new products, large biotech firms outperformed their big pharma counterparts in the first half of 2014. Major drug firms, experiencing a continued drop in sales and earnings, resorted to quick fixes to try to solve their growth problems.

Of the 11 major drug firms tracked by C&EN, only four saw an increase in sales during the first half of the year. And none managed to achieve the double-digit sales growth that a . . .

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