VACCINE manufacturer CSL has
reported a $10m drop in its year on
year net profits to $1.05 billion from
$1.15 billion for the period to June.
Moving forward the company has
said that it expects its 2011 net profits
to be between $980m and $1.03b.
Although slightly less than 2009/
10, this represents a growth of up
to (around) 10 per cent on the
underlying operational profit,
largely reflecting CSL’s global
plasma therapeutics business,
which is expected to deliver this
growth,” CSL said in a statement.The above article was sent to subscribers in Pharmacy Daily's issue from 18 Aug 10 To see the full newsletter, see the embedded issue below or CLICK HERE to download Pharmacy Daily from 18 Aug 10
MONTU Group, its subsidiary Alternaleaf Pty Ltd, and their common director Christopher Strauch are facing legal action by the Therapeutic Goods Administration (TGA) in the Federal Court of Australia for alleged unlawful advertising on the effectiveness of their medicinal cannabis products.
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