September 07, 2018
1 min read
Save
This article is more than 5 years old. Information may no longer be current.
Shire posts increase in quarterly income
You've successfully added to your alerts. You will receive an email when new content is published.
Click Here to Manage Email Alerts
Click Here to Manage Email Alerts
We were unable to process your request. Please try again later. If you continue to have this issue please contact customerservice@slackinc.com.
Shire reported a net income of $616 million in the second quarter of 2018, an increase of 156%, according to a press release.
Product sales grew by 6% in the quarter to $3.8 billion, led by immunology, internal medicine and ophthalmic products, the release said.
Shire’s board agreed in the second quarter to allow the company to be acquired by Takeda, a plan that is expected to close in the first half of 2019.