Navigation Links
Watson Pharmaceuticals Reports Fourth Quarter and Full Year 2008 Results; Provides 2009 Outlook
Date:2/19/2009

as primarily due to new product launches. Distribution revenue excludes sales of Watson products.

Distribution segment gross margin increased to 15.6 percent in the fourth quarter 2008, compared to 14.4 percent in the fourth quarter 2007, due primarily to recent cost savings initiatives.

For the full year 2008, Distribution segment net revenues increased seven percent or $40.1 million to $606.2 million, compared to $566.1 million in 2007. This increase was largely driven by new product launches.

Other Operating Expenses

Amortization expense declined $24.0 million to $20.1 million for the fourth quarter 2008 and declined $95.7 million to $80.7 million for the full year 2008, reflecting the full amortization of Ferrlecit(R) product rights as of December 31, 2007.

2009 Financial Outlook

Watson's estimates are based on actual results for 2008 and management's current belief about prescription trends, pricing levels, inventory levels and the anticipated timing of future product launches and events.

Watson estimates total net revenue for the full year of 2009 at approximately $2.65 billion. Estimates for segment revenue are:

-- Total Generic segment revenue between $1.45 billion and $1.55 billion.

-- Total Brand segment revenue between $445 million and $470 million.

-- Total Distribution segment revenue between $660 and $710 million.

Research and development investment for 2009 is expected to be $180 to $190 million. Selling, general and administrative expenses for 2009 are expected to be $450 to $470 million. Amortization expense for 2009 is expected to be approximately $88 million.

In 2009, the Company expects to incur pre-tax costs associated with the planned closure of its Carmel, NY manufacturing facilities of approximately $23 million which includes accelerated depreciation, sev
'/>"/>

SOURCE Watson Pharmaceuticals, Inc.
Copyright©2009 PR Newswire.
All rights reserved

Page: 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18

Related medicine news :

1. Watson Acknowledges Federal Trade Commission Action Regarding AndroGel Patent Settlement
2. Warner Chilcott and Watson Pharmaceuticals Announce Agreements on Loestrin(R) 24 and Femcon(R) Fe Patent Litigation
3. Watson Pharmaceuticals Receives FDA Approval for Mint Coated Nicotine Gum
4. Watson Pharmaceuticals Receives FDA Final Approval for Generic Mircette(R)
5. U.S. Workers Taking Steps to Lower Medical Costs, Watson Wyatt Survey Finds
6. China Shenghuo Announces Additional Roll-Out of 12 Ways Cosmetics Products to Watsons Stores
7. Driving Consumer Engagement Is Focus of Address by Healthfitness Chief Medical Officer at Watson Wyatt Health Care Solutions Event
8. Watson Pharmaceuticals Receives FDA Final Approval for Generic Wellbutrin XL(R) 150 mg
9. Watson Enters Into Agreement to Acquire Products Related to Tevas Proposed Acquisition of Barr
10. Watson Announces the NDA for a 6-Month Formulation of TRELSTAR(R) Accepted for Filing by FDA for the Treatment of Advanced Prostate Cancer
11. Watson Pharmaceuticals Reports Third Quarter 2008 Results
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:8/3/2015)... ... August 03, 2015 , ... The art of preparing and cooking ... grandmother’s side at a young age, Nasreen Zereshki was extremely eager to cook Persian ... her cookbook Recipes from My Persian Kitchen with the world. , Since Americans tend ...
(Date:8/3/2015)... ... August 03, 2015 , ... It’s 25 ... Lava Springs, California’s northernmost and among its least visited State Parks. The volcanic ... whose main outflow is at Ahjumawi Lava Springs, part of the Fall River ...
(Date:8/3/2015)... ... August 03, 2015 , ... From 2006-2017 the number ... according to market research compiled for the National Association of Dental Laboratories ( ... Labor, Bureau of Labor Statistics. As the number of dental laboratories decreases, dentists ...
(Date:8/3/2015)... ... August 03, 2015 , ... Constantin Vasilica, 48 from Romania wanted to ... by diabetes after many years of suffering and using medications with strong side effects. ... to ask for extra time off or wait longer hours in the waiting rooms. ...
(Date:8/3/2015)... ... 2015 , ... The American Institute of Architects ... collaborate across a wide range of initiatives ranging from code development and compliance ... “Our combined membership, consisting of practicing design professionals, code officials, and the building ...
Breaking Medicine News(10 mins):Health News:Persian Cuisine: Colorful and Extremely Healthy 2Health News:Medicine Lake Aquifer could ease California drought says fresh water advocate Sharon Kleyne – but is this necessary? 2Health News:Medicine Lake Aquifer could ease California drought says fresh water advocate Sharon Kleyne – but is this necessary? 3Health News:Medicine Lake Aquifer could ease California drought says fresh water advocate Sharon Kleyne – but is this necessary? 4Health News:Dental Association Announces Impending Reduction of Dental Laboratories Could Impact Dentists 2Health News:Dental Association Announces Impending Reduction of Dental Laboratories Could Impact Dentists 3Health News:Chinese Health Care Provider Heshoutang Now Give Patients Complimentary Online Healing Options 2Health News:Chinese Health Care Provider Heshoutang Now Give Patients Complimentary Online Healing Options 3Health News:Architects, International Code Council Ink Five-Year Collaborative Agreement 2Health News:Architects, International Code Council Ink Five-Year Collaborative Agreement 3
... consistent all-over tan may be impossible to achieve because some ... a study has found. Researchers - funded by the ... say the results explain why some holidaymakers find it so ... The findings, published in the journal Experimental Dermatology ...
... grown children with autism are more likely to divorce than ... a large longitudinal study of families of adolescents and adults ... of the Journal of Family Psychology by researchers ... picture of the prospects of long-term marital success for parents ...
... August 3, 2010 -- As the acute phase of ... marked by long-term challenges to the public health, environment ... Disaster Preparedness interviewed over 1,200 adults living within 10 ... in collaboration with the Children,s Health Fund and The ...
... HealthDay Reporter , TUESDAY, Aug. 3 (HealthDay News) -- ... is falling, according to new research. The nationwide study ... Americans lose due to obesity has more than doubled over ... 17 in 2008. Researchers calculated the amount of healthy ...
... are famed for their ability to mimic sounds and now ... judge male contact calls when deciding on a mate. The ... the difference between birds ,songs, and ,calls,. Parrots ... the ability to quickly learn and mimic new sounds, but ...
... San Diego, CA, August 3, 2010 Although the ... the resultant burden of disease associated with obesity has ... the September issue of the American Journal of ... lost to U.S. adults due to morbidity and mortality ...
Cached Medicine News:Health News:All-over tan is a myth, study finds 2Health News:Study details autism's heavy toll beyond childhood on marriages 2Health News:Survey of coastal residents shows Gulf oil spill has significant impact on families 2Health News:Survey of coastal residents shows Gulf oil spill has significant impact on families 3Health News:Weight Gain Eroding Americans' Quality of Life 2Health News:Weight Gain Eroding Americans' Quality of Life 3Health News:'Virtual mates' reveal role of romance in parrot calls 2Health News:Quality-adjusted life years lost to US adults due to obesity more than doubles from 1993-2008 2
(Date:8/3/2015)... CORAL SPRINGS, Florida , August 3, ... and development agreements between biotech companies, military ... biotech solutions & therapies with regards to ... to positive clinical enhancements for regenerative medicine ... with recent developments, partnerships and advancements in ...
(Date:8/3/2015)... -- BioElectronics Corporation (OTC Pink: BIEL), maker of consumer medical ... J. Whelan , President will be interviewed by ... 9am EDT on Wednesday, August 5 th .  To ... http://tunein.com/radio/Money-Matters-Boston-1120-s27548/ Mr. Whelan is ... flagship product, ActiPatch Therapy, is achieving in the UK.  ...
(Date:8/3/2015)...  Charleston Laboratories, Inc., an emerging specialty pharmaceutical ... program with a Phase 1 study on its ... contains fast-dissolving promethazine and sumatriptan.  This novel migraine ... migraine headache pain and migraine-induced nausea and vomiting ... headaches also suffer from nausea and vomiting," said ...
Breaking Medicine Technology:Biotech Advancements Coupled with Collaborative Partnerships Focus on Developing Orphan Drug Products & Treatments for Critical-Care Patients With Severe Wound Conditions 2Biotech Advancements Coupled with Collaborative Partnerships Focus on Developing Orphan Drug Products & Treatments for Critical-Care Patients With Severe Wound Conditions 3Biotech Advancements Coupled with Collaborative Partnerships Focus on Developing Orphan Drug Products & Treatments for Critical-Care Patients With Severe Wound Conditions 4Biotech Advancements Coupled with Collaborative Partnerships Focus on Developing Orphan Drug Products & Treatments for Critical-Care Patients With Severe Wound Conditions 5Biotech Advancements Coupled with Collaborative Partnerships Focus on Developing Orphan Drug Products & Treatments for Critical-Care Patients With Severe Wound Conditions 6UpTick News Wire Radio Show Will Interview BioElectronics' CEO Andrew Whelan 2Charleston Laboratories, Inc. Initiates Patient Enrollment in a Phase 1 Study of Charleston's Second Product, CL-H1T 2
... N.Y., May 8, 2012  Regeneron Pharmaceuticals, Inc. (NASDAQ: ... Arthritis Advisory Committee of the U.S. Food and ... (rilonacept) Injection for Subcutaneous Use for the proposed ... patients initiating uric acid-lowering therapy.  The Committee,s recommendation ...
... May 8, 2012 Stereotaxis, Inc. (NASDAQ:   ... to the European market the V-Sono™ intracardiac echocardiography ... Designed to manipulate accessory devices such ... catheters, the Vdrive™ platform combines magnetic navigation with ...
Cached Medicine Technology:Regeneron Provides Update On FDA Advisory Committee Discussion of ARCALYST® (rilonacept) Injection 2Regeneron Provides Update On FDA Advisory Committee Discussion of ARCALYST® (rilonacept) Injection 3Regeneron Provides Update On FDA Advisory Committee Discussion of ARCALYST® (rilonacept) Injection 4Stereotaxis Releases V-Sono™ Intracardiac Echocardiography Module for the Vdrive™ Remote Navigation System 2Stereotaxis Releases V-Sono™ Intracardiac Echocardiography Module for the Vdrive™ Remote Navigation System 3
... Laboratories is a national reference laboratory and ... and development. ARUP offers an extensive test ... tests in clinical and anatomic pathology. Owned ... clients include more than half of the ...
... a national reference laboratory and a worldwide ... ARUP offers an extensive test menu of ... clinical and anatomic pathology. Owned by the ... more than half of the nation's university ...
... national reference laboratory and a worldwide leader ... offers an extensive test menu of highly ... and anatomic pathology. Owned by the University ... than half of the nation's university teaching ...
... a national reference laboratory and a worldwide ... ARUP offers an extensive test menu of ... clinical and anatomic pathology. Owned by the ... more than half of the nation's university ...
Medicine Products: