West Pharmaceuticals - Pharmaceutical Supplier Benefits From lag Effects in the Pharma and Biotech Sector!
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Business drivers: West Pharmaceuticals is a producer of components and devices for the manufacture of pharmaceuticals, biologics, vaccines, and other health products for consumers. After being hampered by high inventory levels at many manufacturers in the pharmaceutical and biotech sectors, West Pharmaceuticals currently benefits from increased product sales thanks to rising R&D expenditures. On July 24, West Pharmaceuticals surprised with very strong Q2 figures. The adjusted earnings per share were $1.84, significantly above analysts'...
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