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iandy

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iandy

Re: None

Thursday, 04/26/2012 11:36:50 AM

Thursday, April 26, 2012 11:36:50 AM

Post# of 251852
Elan Reports First Quarter 2012 Financial Results

> Tysabri has now achieved an annualized run-rate of in-market sales of $1.6 billion. Additionally, the sale of 76% of our shareholding in Alkermes plc during the quarter for net proceeds of $380.9 million has substantially strengthened our capital structure. This solid start to the year places us on-track to achieve our full-year financial guidance.”<

http://finance.yahoo.com/news/elan-reports-first-quarter-2012-060000989.html

Deciphering a balance sheet is not my forte.
Is Elan still spending money like drunken sailors?
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