Volume 90 Issue 46 | pp. 21-22
Issue Date: November 12, 2012

Pharmaceutical Sales And Earnings Growth Remain In The Doldrums

Most major firms continue to see declining sales and earnings
Department: Business
Keywords: pharmaceuticals, biopharmaceuticals, sales, earnings

The pharmaceutical industry more than survived the recession, posting sales and earnings growth annually from 2008 to 2011. This year, though, it is succumbing to a different affliction: A rash of patent expirations has spread throughout the first nine months and put the sector on track to finish 2012 below 2011 levels.

For the third consecutive quarter, no relief came as combined sales and earnings declined at the major pharma companies tracked by C&EN. Overall, . . .

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