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Watson Presents Outlook for Continued Long Term Growth
Date:1/21/2011

s, and we are ready to capitalize on the launches of our high-value generic Concerta® and Atorvastatin opportunities in May and November, respectively.  We remain in a strong position to deliver sustainable adjusted EBITDA and adjusted cash earnings per share growth in 2011 and beyond by leveraging our strengths as an integrated global pharmaceutical company."  

Global Generics Business Poised for Continued Growth "We continue to focus on expanding our generic product portfolios and commercial presence across the globe, emphasizing growth in current key markets and expanding into high growth emerging markets where increases in generic utilization are anticipated," said Sigurdur Olafsson, Executive Vice President, Global Generics.  "With a number of high value, new product launch opportunities in our U.S. Generics business in 2011, as well as increased new product launches in France, Canada, the UK and other key countries, we are focused on achieving double digit growth in our Global Generics business and on strengthening our position to be in a top 5 position in key markets longer term."

During 2010, Watson filed 34 Abbreviated New Drug Applications (ANDAs) with the U.S. Food and Drug Administration (FDA), and a total of 146 applications globally. Watson currently has more than 120 ANDAs on file in the U.S., with 29 potential first-to-file or shared exclusivity products.

2010 Global Generics revenue is expected to be $2.35 billion and the Company forecasts 2011 Global Generics segment revenue of between $2.8 and $3.0 billion.

Global Brands Expands Position in Womens Health; Initial Biologics Project UnderwayGrowth in existing key brand products, the 2010 launch of three new products, and milestone developments in the global brand pipeline were among the highlights noted by Fred Wilkinson, Executive Vice President, Global Brands, during the Company's Investor Day presentation.  "We saw continued growth in ou
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