Orion quarterly operating profit jumps
HELSINKI (Reuters) - Finnish drug maker Orion (ORNBV.HE) reported a 17 percent rise in quarterly operating profit, managing to make up for a fall in sales of its Stalevo drug for Parkinson's disease with other products.
Orion said its third-quarter operating profit rose to 76.3 million euros from 65.3 million euros a year earlier.
Generic competitors dented sales of its Stalevo drug in the United States, but this was offset by compensation from Novartis (NOVN.VX) and sales of other drugs, the company said.
(Reporting by Helsinki newsroom)
- Obama makes rare campaign trail appearance, people leave early
- Obama makes rare campaign trail appearance, some leave early
- Turkey to let Iraqi Kurds reinforce Kobani as U.S. drops arms to defenders |
- Nigeria declared Ebola-free, holds lessons for others |
- Former 'American Idol' contestant Joanne Borgella dies at 32