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Article: Other News To Note.
- Article from:
- BIOWORLD Today
- Article date:
- November 4, 2009
CopyrightCOPYRIGHT 2009 A Thomson Healthcare Company. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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o Actelion Ltd., of Allschwil, Switzerland, released its first-quarter figures that showed an operating profit of CHF3.7 million (US$2.7 million) and net profit of CHF4.8 million. The company said it was "very pleased that Actelion has achieved profitability after only five years of operations." Tracleer, its product for pulmonary arterial hypertension, brought in sales of CHF60.7 million in the first quarter, an increase of 27.8 percent over the fourth quarter. In the first quarter, Tracleer was launched in the Netherlands, Spain, Portugal and Finland.
o Advanced Magnetics Inc., of Cambridge, Mass., and Cytogen Corp., of Princeton, N.J., reported the ...