FY16 results. Revenues reached CHF2,412m (+18% and +15% at CER), operating income CHF789m (+20% and +14% at CER) and net income CHF696m (+26% and +19% at CER). Net cash at the end of FY16 was CHF495m. No cash dividend will be proposed as a consequence of the J&J transaction. Shareholders will receive US$280 in cash and one share of the new R&D company for each Actelion share. The latter will comprise the early stage R&D pipeline (basically compounds in phase I or II) and will be l
14 Feb 2017
FY16 in line and good for the soon-to-be-acquired biotech
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FY16 in line and good for the soon-to-be-acquired biotech
FY16 results. Revenues reached CHF2,412m (+18% and +15% at CER), operating income CHF789m (+20% and +14% at CER) and net income CHF696m (+26% and +19% at CER). Net cash at the end of FY16 was CHF495m. No cash dividend will be proposed as a consequence of the J&J transaction. Shareholders will receive US$280 in cash and one share of the new R&D company for each Actelion share. The latter will comprise the early stage R&D pipeline (basically compounds in phase I or II) and will be l