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Financial Report: Allergan

Revenues up 11% driven by Botox

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By: Tim Wright

Editor-in-Chief, Contract Pharma

Allergan
 
2Q Revenues: $1.6 billion (+11%)

2Q Earnings: $361.2 million (+22%)

YTD Revenues: $3.1 billion (+9%)

YTD Earnings: $375.6 million (earnings were $527.6 million YTD12)

Comments: Specialty pharmaceuticals sales increased 11% to $1.3 billion in the quarter, driven by Botox/Neuromodulator sales (+11% to $513 million) and skin care (+39% to $112.3 million). Medical devices sales increased 7% to $229.3 million.
YTD results include a loss of $251.4 million for discontinued operations.

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