A generic drug firm set up by Elan founder Don Panoz has recorded a 20 per cent rise in revenues at its Dublin base, where almost 450 people are employed, writes Gavin Daly.
McDermott Laboratories, which is part of Mylan, had revenues of €189.2 million in 2009 and its directors said that ‘‘sales revenue will continue to increase’’ in the future. Despite the sharp rise in sales, the firm made a loss of €9 million because of...
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