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August 9, 2006
By: Tim Wright
Hospira 2Q Revenues: $671 million (+1%) 2Q Earnings: $54 million (-25%) YTD Revenues: $1.3 billion (+1%) YTD Earnings: $134 million (-10%) Comments: R&D expense rose 19% percent in the quarter to $39 million. S,G&A expense in the quarter was $111 million, or 17% of sales, compared with $87 million, or 13% of sales in 2Q2005. The company completed its legal separation from Abbott in the quarter, including the transition of the remaining countries to Hospira.
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