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Specialty Injectable Pharmaceuticals up 13%
April 28, 2015
By: Kristin Brooks
Hospira 1Q Revenues: $1.2 billion (+12%) 1Q Earnings: $75.6 million (+11%) Comments: Growth in the quarter was driven by sales of Specialty Injectable Pharmaceuticals (SIP) in the U.S. (+17% to $665.5 million), as well as biosimilar sales in the Europe, Middle East and Africa (EMEA) segment. Global SIP sales were $808.5 million, up 13%. Sales growth offset the decline Precedex, which lost market exclusivity in 2H14.
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