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Revenues up 7% in the quarter
October 29, 2015
By: Kristin Brooks
Baxalta 3Q Revenues: $1.6 billion (+7%) 3Q Earnings: $309 million (+26%) YTD Revenues: $4.4 billion (+3%) YTD Earnings: $861 million (-11%) Comments: Hematology revenues were $935 million in the quarter, up 10% driven by heightened demand for ADVATE and FEIBA. Immunology sales were $626 million, up 13% with continued HYQVIA sales growth. BioTherapuetics sales were $191 million, up 7%. R&D expenses were $286 million, down 8%.
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