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Follow on Google News | NAPSR News: Actavis Tops Q1 Earnings & Sales EstimatesActavis plc’s first quarter 2014 earnings came in at $3.49 per share, well above the Zacks Consensus Estimate of $3.29 per share and 75.4% above the year-ago earnings.
By: NAPSRx Results were boosted by the inclusion of products from the Warner Chilcott acquisition. QUARTERLY DETAILS Actavis, which previously used to operate through three segments -- Actavis Pharma, Actavis Specialty Brands and Anda Distribution -- now has two revenue producing segments -- Actavis Pharma and Anda Distribution. While Actavis Pharma includes all branded, branded generic, generic and over-the-counter products, Anda Distribution includes revenue from the distribution of third-party products. The Actavis Pharma segment posted sales of $2.26 billion, up 36.1%. Results benefited from the Warner Chilcott acquisition, new product launches, and higher international revenues. North American Brands revenue soared 358% to $594 million, driven by the Warner Chilcott acquisition and increased sales of products like Rapaflo and Generess Fe. While Women's Health revenues were $213 million, Urology and Gastroenterology revenues increased 297% to $225 million. Dermatology and Established Brands revenue increased 195% to $156 million. North American Generics revenues increased 7% to $1.02 billion driven by the launch of generic Micardis and strong performance of the generic versions of Cymbalta and Lidoderm. Generic Concerta sales, however, were impacted by competition. International revenues were strong at $647 million, up 12%. Net revenues from the Anda Distribution segment increased 69% during the quarter to $390.0 million reflecting higher volume. NEW OUTLOOK TO BE PROVIDED Actavis, which recently announced its intention to acquire Forest Laboratories, said that it will provide a revised outlook for 2014 once the acquisition goes through in mid-14. The company withdrew its standalone guidance that was provided in January. As far as the second quarter is concerned, Actavis said that it expects additional competition for certain products including its generic version of Lidoderm. Earnings are expected to decline slightly on a sequential basis. NOW IS THE TIME TO ENTER INTO THIS WONDERFUL FIELD! With such industry leaders posting gains in profitability, they will need both certified and qualified individuals to sell their product. When industry leaders look for new candidates for entry level positions, they look toward individuals that are industry trained. Reason being that they are looking for people that have the background to sell their product both proficiently and efficiantly. CANDIDATES WHO WANT TO BREAK INTO PHARMACEUTICAL SALES! Upon successful completion of the training each student will receive the Certification Mark of the CNPR®. The CNPR® represents a level of industry achievement and a demonstrated knowledge of pharmacology, medical terminology, pharmaceutical selling guidelines, physician selling techniques and industry standards. Pharmaceutical sales candidates who have this training will differentiate themselves from other individuals looking for open positions. CNPR® graduates should immediately utilize the NAPSRx® Career Center to apply for pharmaceutical sales positions. The CNPR is a federally trademarked certification you can earn by demonstrating the necessary knowledge in pharmacology, medical terminology, physiology, and regulations for selling pharmaceuticals. The CNPR examination is dedicated to increasing the professional level of NAPSR members and to developing meaningful and ethical standards fully accepted by both its members and members of the pharmaceutical community. Individuals that are interested in becoming a Certified National Pharmaceutical Representative( End
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