anonymous
Guest
anonymous
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While BI, Merck and Zoetis have enjoyed ongoing double digit growth, Elanco can’t even break even:
“As excited as investors were to see Lilly separate its human and animal health businesses, Elanco’s registration statement reveals a company with plenty of growing pains. Elanco’s sales in the first half of this year were $1.5 billion, up just slightly from the same period last year. Its 2017 sales came in at about $3 billion, down 2% from the prior year, and pretax profits amounted to just $552 million—well short of its goal of $3.6 billion in revenue and $943 million in earnings”
https://www.fiercepharma.com/pharma...vealing-a-healthy-business-some-growing-pains
“As excited as investors were to see Lilly separate its human and animal health businesses, Elanco’s registration statement reveals a company with plenty of growing pains. Elanco’s sales in the first half of this year were $1.5 billion, up just slightly from the same period last year. Its 2017 sales came in at about $3 billion, down 2% from the prior year, and pretax profits amounted to just $552 million—well short of its goal of $3.6 billion in revenue and $943 million in earnings”
https://www.fiercepharma.com/pharma...vealing-a-healthy-business-some-growing-pains