Breaking News

Financial Report: West

By Kristin Brooks | February 20, 2014

Revenues up 7% in the quarter

West

4Q Revenues: $342.7 million (+7%)

4Q Earnings: $23.6 million (+12%) 

FY Revenues: $1.4 billion (+8%)

FY Earnings: $112.3 (+39%)

Comments: Pharmaceutical Packaging Systems (PPS) sales in the quarter were $241.5 million, up 6%. Standard packaging component sales grew 5% and high-value products grew 4%, excluding currency effects. Pharmaceutical Delivery Systems (PDS) sales were $101.8 million in the quarter, up 8%. R&D costs increased 13% to $9.7 million in the quarter, primarily due to increasing investments in high-value products development.
blog comments powered by Disqus
  • CMO Systems

    CMO Systems

    Philip K. Burns, CRO Consulting||April 5, 2016
    A CMO system includes four aspects of the product lifecycle: regulatory, technical, compliance, and operations.

  • Injectables: The New Oral?

    Injectables: The New Oral?

    Tugrul Kararli, Kurt Sedo, Josef Bossart, PharmaCircle LLC||April 5, 2016
    The growth trend of injectables continues across the pharma landscape.

  • Biopharmaceutical Contract Manufacturing Contract Negotiations

    Biopharmaceutical Contract Manufacturing Contract Negotiations

    William Downey, HighTech Business Decisions||April 5, 2016
    Navigating the complexities of supply agreements.