ZURICH, July 18 Actelion could upgrade
its earnings guidance for 2014 and 2015 if sales of its new
heart and lung drug are better than expected, the company's
Chief Financial Officer said on Thursday.
"If sales of Opsumit are better than we hoped then there is
room for upside," Andrew Oakley told Reuters in an interview,
when asked about its lower guidance for those years.
Actelion said on Thursday it expected core earnings to cross
into the double-digit percentage range for 2013. Due to faster
growth in 2012 and 2013, it forecast stable core earnings in
2014 and growth in at least the single-digit range in 2015.
The Swiss company received a boost last year after heart
and lung drug Opsumit, its replacement for its top-seller
Tracleer, beat expectations in a clinical trial.
It is waiting to see whether U.S. regulators will approve
Opsumit at a regulatory meeting in October, enabling it to cut
its dependence on Tracleer, which makes up roughly 87 percent of
(Reporting by Caroline Copley)