News tagged with profit

Profit

Profit generally is the making of gain in business activity for the benefit of the owners of the business. The word comes from Latin meaning "to make progress," and is defined in two different ways, one for economics and one for accounting.

Profit may also refer to:

Profit is the surname of the following people:

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Higher prices for MS drug help drug firm Merck

(AP)—Higher prices for its multiple sclerosis drug Rebif helped German pharmaceutical and high-tech materials company Merck KGaA post a 54 percent rise in first-quarter profit.

Other May 14, 2013 | not rated yet | 0

Sanofi earnings slashed in first quarter

(AP)—French drug maker Sanofi said Thursday its net profit was slashed in the first quarter from a year earlier as falling sales and patent losses on key drugs combined to hammer earnings.

Other May 02, 2013 | not rated yet | 0

Lundbeck profit jumps but warns on generic pressure

Danish pharmaceutical company Lundbeck Wednesday posted a higher than expected quarterly net profit, helped by the expansion of an alliance with Japan's Otsuka and the divestment of a US portfolio of non-core products.

Medications May 01, 2013 | not rated yet | 0

Insulin gives Denmark's Novo Nordisk a Q1 boost

(AP)—Danish pharmaceutical company Novo Nordisk A/S says first-quarter net profit rose 28 percent on strong sales of its diabetic drugs.

Medications May 01, 2013 | not rated yet | 0

Bayer profits up 11.5 percent on new drugs

German chemical and pharmaceutical company Bayer AG said Thursday that its net profit rose 11.5 percent in the first quarter as new drugs, led by blood thinner Xarelto, boosted sales.

Medications Apr 25, 2013 | not rated yet | 0

Drugmaker GSK posts slumping Q1 profits

British drugs firm GlaxoSmithKline on Wednesday said its first-quarter net profit tumbled by almost a third, with the group hit by falling sales and a poor economic climate.

Medications Apr 24, 2013 | not rated yet | 0

Novartis posts profit gain thanks to new drugs (Update)

(AP)—Swiss pharmaceutical company Novartis AG reported a 6.7 percent increase in profit for the first quarter Wednesday, boosted by new products and emerging markets.