TITLE

Alexion Soars On Earnings Report

PUB. DATE
July 2007
SOURCE
BioWorld Today;7/26/2007, Vol. 18 Issue 144, p3
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article reveals the increase in the shares of Cheshire, Connecticut-based Alexion Pharmaceuticals Inc. after it released its second-quarter earnings, which showed a smaller than predicted loss. Alexion reported total revenues of $9.8 million, all from sales of recently launched Soliris, and a net loss of $27.2 million, or 75 cents per share. Soliris (eculizumab) is the first drug on the market to actually treat paroxysmal nocturnal hemoglobinuria and hit the market in April.
ACCESSION #
25930896

 

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