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February 07, 2013
Lundbeck has posted flat revenues and a 28% decline in earnings for the fourth quarter as US generic competition continued to ravage sales of the antidepressant Lexapro
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November 08, 2012
Lundbeck has posted a 9% decrease in revenues for the third quarter as a result of generic competition to its flagship antidepressant Cipralex/Lexapro
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August 16, 2012
Billionnaire investor activist Carl Icahn has won a small victory at Forest Laboratories' AGM after one of his four nominees was voted onto the group's management board.
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August 09, 2012
Danish drugmaker Lundbeck saw its finances slide into the red for the second quarter of the year after restructuring charges placed a heavy drag on performance.
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August 03, 2012
Teva Pharmaceutical Industries has posted a strong set of financials for the second quarter, boosted by sales of its multiple sclerosis drug Copaxone, strong generics growth in the USA and the contribution of Cephalon products
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June 15, 2012
Lundbeck is cutting around 600 jobs in Europe from its sales forces in response to the tough environment and generic competition to its flagship antidepressant Cipralex/Lexapro
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May 02, 2012
Lundbeck has posted an 8% decrease in revenues for the first quarter and earnings slumped as a result of generic competition to its flagship antidepressant Cipralex/Lexapro
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April 18, 2012
Forest Laboratories has seen its fiscal fourth-quarter earnings take a bashing as sales of its flagship product Lexapro were reduced by nearly $240 million due to generic competition
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November 10, 2011
Lundbeck has posted a 10% rise in revenues for the third quarter, though net income fell 43% as a result of write-offs related to R&D restructuring
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August 10, 2011
Lundbeck saw its sales rise 9% in the second-quarter, continuing a run of revenue growth on the back of gains for Alzheimer's disease treatment Ebixa and a good showing for antidepressant Lexapro in the US.
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