Analyst: Lundbeck’s patent expirations can cost close to a billion

Drug sales in Danish company Lundbeck are still dropping and there is no change on the horizon in the immediate future, says analyst Peter Aabo, Nordic Bioinvestor.com. The general increase in turnover in Q1 was simply facilitated by a rapid growth in licensing revenue from a collaboration agreement with Japanese partner Otsuka and divestiture of a small portfolio of drugs in the US.
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