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Tue, May 15, 2012

Equity Research on Mylan Inc. and Watson Pharmaceuticals Inc. -- Increased Sales Driving Generic Drug Makers Higher


Published on 2012-05-15 05:17:53 - Market Wire
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May 15, 2012 08:05 ET

Equity Research on Mylan Inc. and Watson Pharmaceuticals Inc. -- Increased Sales Driving Generic Drug Makers Higher

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Generic drug makers such as Mylan Inc. and Watson Pharmaceuticals Inc. have been benefitting from increased sales as of late. Major drugs from the much talked about patent cliff group are now being produced by generic players, and the effect on quarterly earnings has been rosy. While sales and profits have been up, a number of lawsuits involving several companies are ongoing, as branded drug makers and rival generic companies vie for production rights. Get your free reports on Mylan Inc. and Watson Pharmaceuticals Inc. at [ http://www.shinesrooms.com/index.php?_controller=RegisterMember&_method=index ]. There is no commitment to join.

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Watson Pharmaceuticals, which began producing a generic version of Lipitor in November of last year, saw its 1st quarter earnings per share increase by $0.75 year-over-year to $1.64. Its Global Generics division saw sales jump by 86%, and total revenues for the quarter were $1.52 billion, considerably higher than sales from the same period last year. Watson Pharmaceuticals Inc. report is accessible for free by registering today at [ http://www.shinesrooms.com/WatsonPharmaceuticalsInc150512.pdf ].

Mylan also turned in a strong 1st quarter, with earnings rising by over 18% year-over-year. Mylan Inc. report is accessible for free by registering today at [ http://www.shinesrooms.com/MylanInc150512.pdf ].

The two Drugs - Generic stocks research reports are available for free by signing up now on [ www.shinesrooms.com ].

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