Navigation Links
Further Upgrade to 2007 Financial Guidance Based on Strong Revenue Growth; VYVANSE Demand on Track
Date:11/1/2007

Overview of US GAAP Financial Results

1. Introduction

Summary of Q3 2007

Revenues from continuing operations for the three months to September 30, 2007 increased by 35% to $608.7 million (2006: $449.4 million).

Income from continuing operations (before income taxes and equity in earnings of equity method investees) for the three months to September 30, 2007 was $11.0 million (2006: $119.1 million). Income from continuing operations for 2007 was lower than 2006 primarily as a result of expensing the $75.0 million up-front payment to Renovo in respect of JUVISTA and $27.0 million in respect of anticipated legal settlement costs for the TKT class action shareholder suit during the three months to September 30, 2007.

Cash inflow from operating activities for the three months to September 30, 2007 increased by 51% to $123.7 million (2006: $82.1 million). Excluding up-front payments for in-licenses of $75.0 million in Q3 2007 and $30.5 million in Q3 2006 (see section 4 - R&D below for details) cash inflow from operating activities for the three months to September 30, 2007 increased by 76% to $198.7 million (2006: $112.6 million). This increase resulted from higher sales in Q3 2007 compared to Q3 2006, partially offset by increased cash expenditure on operating costs and expenses.

Cash, cash equivalents and restricted cash at September 30, 2007 totaled $604.7 million (December 31, 2006: $1,156.7 million). The decrease of $552.0 million was primarily due to the acquisition of New River in April 2007 being partly funded from Shire's pre-acquisition cash resources.

2. Product sales

For the three months to September 30, 2007 product sales increased by 41% to $543.1 million (2006: $386.2 million) and represented 89% of total revenues (2006: 86%).

Product Highlights

US Rx US Average

Sales Sales Growth (1) Market Sh
'/>"/>

SOURCE Shire plc
Copyright©2007 PR Newswire.
All rights reserved

Page: 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33

Related medicine news :

1. Further support for use of statins in Alzheimer’s disease
2. Clinical Impact of Activity and Abdominal Pressure on Pelvic Floor Dysfunction Need to Be Further Analyzed
3. Doctor Accused Of Misdiagnosing 208 Patients: Further Investigation Ordered
4. NHS announces further Cost cutting Measures
5. NHS Recommends Further Cost Cutting Measures
6. Medha Patkars Condition Deteriorates Further
7. Oxford Radcliffe Hospitals Warns Of Further Job Losses
8. Asia Arming up to further the AIDS fight
9. Further Studies Needed To Completely Understand About Ventricular Fibrillation
10. Further improvements envisaged at Carstairs
11. UCLA Find Yields Further Insight into Causes of Parkinson’s Diseas
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:9/3/2015)... ANNANDALE, VA (PRWEB) , ... September 03, 2015 ... ... that the Spouse/Caregiver Scholarship applications are open for spring 2016. Scholarships are awarded ... service members. Hope For The Warriors® is a national nonprofit dedicated to restoring ...
(Date:9/3/2015)... ... September 03, 2015 , ... Today, Splashtop announced ... customers, as part of the LANDESK One Partner program. Splashtop remote ... best mobile user experience in remote access and control:, , ...
(Date:9/3/2015)... ... 03, 2015 , ... The first part of a two-part investigative news segment ... filter lawsuits filed against Bard.** These lawsuits, filed by persons and the family ... or failed, have recently been consolidated for pretrial proceedings as multidistrict litigation, MDL 2641 ...
(Date:9/3/2015)... ... September 03, 2015 , ... ... Inc., in its Annual Inc. 5000 list of fastest-growing private companies in ... a tiny fraction of the nation's companies have demonstrated such remarkably consistent high ...
(Date:9/3/2015)... (PRWEB) , ... September 03, 2015 , ... Dr. Robert ... of Trauma, Burns, Critical and Acute Care at NewYork-Presbyterian/Weill Cornell Medical Center, effective July ... Winchell is a nationally renowned expert in care for the critically injured and the ...
Breaking Medicine News(10 mins):Health News:Hope For The Warriors Spouse/Caregiver Scholarships Now Open for Spring 2016 2Health News:Splashtop Partners with LANDESK to Deliver High Performance Remote Access and Remote Support to and from Mobile Devices and Chromebook 2Health News:Splashtop Partners with LANDESK to Deliver High Performance Remote Access and Remote Support to and from Mobile Devices and Chromebook 3Health News:Splashtop Partners with LANDESK to Deliver High Performance Remote Access and Remote Support to and from Mobile Devices and Chromebook 4Health News:Bard IVC Lawsuit Allegations Reach National Prime Time News 2Health News:Bard IVC Lawsuit Allegations Reach National Prime Time News 3Health News:Inc. 5000 Includes Intellicure, Inc., Two Years in a Row 2Health News:Trauma Expert Joins NewYork-Presbyterian Hospital and Weill Cornell Medical College 2Health News:Trauma Expert Joins NewYork-Presbyterian Hospital and Weill Cornell Medical College 3Health News:Trauma Expert Joins NewYork-Presbyterian Hospital and Weill Cornell Medical College 4Health News:Trauma Expert Joins NewYork-Presbyterian Hospital and Weill Cornell Medical College 5
... Solutions Corp. ("SXC" or the "Company") (NASDAQ: SXCI ... services, announces that Standard and Poor,s (S&P) has added the ... the Quarterly S&P/TSX Composite Index review. The change will be ... "We are very pleased with our inclusion on the index," ...
... 16 Stereotaxis, Inc. (Nasdaq: STXS ) today ... Valley Bank, a member company of SVB Financial Group (Nasdaq: ... matures on March 31, 2010, the Company can borrow up ... credit, combined with our existing cash position and other financing ...
... large effectsLAS VEGAS, March 16 To commemorate Brain ... that despite the collapsing economy, consumers are still spending ... report ties growth in the brain fitness industry to ... medical journals, which now show that certain types of ...
... Deerfield ManagementBEDFORD, Mass, March 16 Insulet Corporation ... tubing-free insulin pump technology with its OmniPod(R) Insulin ... into an agreement with leading healthcare investor, Deerfield ... $60 million in financing through a flexible credit ...
... providers have the opportunity to admit more patients faster by automating ... for 30 days , ... Atlanta, GA (PRWEB) March ... 30-day trial program for its Referral Management System. The Web-based ...
... shortened course of radiation therapy for prostate cancer ... PSA response for early-stage prostate cancer and has ... to a March 15 study in the ... journal of the American Society for Radiation Oncology ...
Cached Medicine News:Health News:SXC Health Solutions Added to S&P/TSX Composite Index 2Health News:Stereotaxis Extends Its Credit Facility With Silicon Valley Bank 2Health News:Stereotaxis Extends Its Credit Facility With Silicon Valley Bank 3Health News:Brain Fitness Industry Growth Driven By Science 2Health News:Brain Fitness Industry Growth Driven By Science 3Health News:Insulet Receives $60 Million Funding Commitment 2Health News:Insulet Receives $60 Million Funding Commitment 3Health News:Insulet Receives $60 Million Funding Commitment 4Health News:Insulet Receives $60 Million Funding Commitment 5Health News:Patient Placement Systems Announces Free 30-Day Trial Program for Referral Management System 2Health News:Patient Placement Systems Announces Free 30-Day Trial Program for Referral Management System 3Health News:Early results favorable for 5-day radiation treatment of early stage prostate cancer 2
(Date:9/3/2015)... Sep. 03, 2015 Research ... the "Investigation Report on China,s Trastuzumab Market, 2010-2019" ... Genentech, trastuzumab was approved by FDA to be used ... name of Herceptin, a major product of Roche. In ... billion around the world. After entering ...
(Date:9/3/2015)... 3, 2015 Research and Markets ( http://www.researchandmarkets.com/research/sd9xxh/radiology ... Information Systems Market by Type, Deployment Mode, End User ... 2019" report to their offering. ... $501.1 Million 2014, and is projected to reach $722.7 ... 2014 to 2019. The global radiology ...
(Date:9/3/2015)... Sept. 3, 2015  The findings of a year-long ... questions about the company,s handling of its Recovery ... September 2 nd , part one of the ... including at least 27 fatalities, have been associated with ... study commissioned by C.R. Bard in 2004 which linked ...
Breaking Medicine Technology:Investigation Report on China's Trastuzumab (Genentech) Market, 2010-2019 2Radiology Information Systems Market Report 2015 - Global Trends & Forecast to 2019 for the $700+ Million Industry 2Radiology Information Systems Market Report 2015 - Global Trends & Forecast to 2019 for the $700+ Million Industry 3IVC Filter Lawsuit News: NBC News Investigation into C.R. Bard Recovery Filters Raises Disturbing Questions, Bernstein Liebhard LLP Reports 2IVC Filter Lawsuit News: NBC News Investigation into C.R. Bard Recovery Filters Raises Disturbing Questions, Bernstein Liebhard LLP Reports 3
24-hour full disclosure , Input range: 5mV , Analog bandwidth: 0.05 to 100Hz (3dB) , Common mode rejection ratio: 60dB , Dimensions: 4.46in. x 2.75in. x 1.02in. (113mm x 70mm x 26mm) , We...
... The IQmark Digital ECG is a highly advanced ... Microsoft Windows personal computer. Everything you need to ... The acquisition and operating costs of the IQmark ... oldstyle, stand-alone ECG machines (even including the cost ...
... Cosmedix Blueberry Smoothie is deliciously ... skin with the use of ... blueberry extracts exfoliate the skin ... without visible irritation. This light ...
... sour milk, and is much milder on the skin ... to how Glycolic Acid works. It has many important ... other peels as mentioned above, so people with sensitive ... results as stronger peels. If you have Rosacea, this ...
Medicine Products: