Source Pravda.Ru

Forest Laboratories states desired results

Forest Laboratories Inc. on Tuesday stated a quarterly profit, bolstered with higher sales of its flagship drugs for depression and Alzheimer's disease.

The drugmaker reported a fiscal fourth-quarter profit of $172.8 million, or 55 cents per share. That compared with a net loss of $237.9 million, or 75 cents per share, a year ago, when Forest took a big charge for an acquisition.

Results included a 35-cent per-share charge for a licensing payment.

Forest Laboratories is a pharmaceutical company headquartered in New York City, USA. Its revenues for the year ended 31 March 2007 were US$3.4 billion. The company's research & development spending has grown rapidly in recent years, and as of 2007, approached almost a billion US dollars a year, which put it on the list of the top 100 global corporations in R&D spending. Forest Laboratories is also known for licensing European pharmaceuticals for sale in the United States.

The British public made a mistake two years ago, easily led by a campaign of false promises and lies. Today REMAIN would win 60%-40% at the very least.

We, the People of Britain, do not want Brexit

The British public made a mistake two years ago, easily led by a campaign of false promises and lies. Today REMAIN would win 60%-40% at the very least.

We, the People of Britain, do not want Brexit