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Saturday, April 23, 2011 5:43:40 PM
ABT’s 1Q11 sales in emerging markets grew 38% year-over-year:
The 38% figure is somewhat artificial insofar as 2010 sales (but not 2009 sales) include the Solvay (#msg-41922225) and Piramal (#msg-50436738) acquisitions; however, even on an apples-to-apples basis, ABT’s 1Q11 sales in emerging markets grew more than 20% YoY.
Note the 117% growth in the Established Pharmaceuticals unit, which is where branded generics reside.
The 38% figure is somewhat artificial insofar as 2010 sales (but not 2009 sales) include the Solvay (#msg-41922225) and Piramal (#msg-50436738) acquisitions; however, even on an apples-to-apples basis, ABT’s 1Q11 sales in emerging markets grew more than 20% YoY.
Note the 117% growth in the Established Pharmaceuticals unit, which is where branded generics reside.
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