Swedish Orphan Biovitrum AB (Sobi)(STO:SOBI), a speciality healthcare company dedicated to rare diseases, on Thursday reported profit of SEK1,149m, or EPS of SEK4.27, for the full year 2017.
This was a 43% increase over profit of SEK802m, or EPS of SEK2.99, in 2016.
Total revenues for the full-year amounted to SEK6,511m, up by 25% as compared with SEK5,204m in 2016. The increase was 24% at constant exchange rates.
Product sales for the full-year amounted to SEK5,917m, up by 30% over SEK4,548m in 2016.
Also, the company's board of directors has proposed that no dividend be paid for the 2017.
In addition, the company provided outlook for 2018 and expects total revenues for the full-year to be in the range of SEK7,500m to SEK7,700m.
Sobi's product portfolio is primarily focused on treatments in Haemophilia and Specialty Care.
(EUR1.00=SEK10.00)
AMGEN announces Q3 2026 dividend
West Pharmaceutical Services declares quarterly dividend of USD0.22 per share
MedPal AI acquires eMARx to expand digital care home platform
Valerio Therapeutics signs R&D collaboration with Abivax and outlines pipeline milestones
Aptamer Group launches Optimer-based Ebola diagnostic programme
SK bioscience to lead Gates Foundation-funded ROTOR project
Nona Biosciences and Lonza collaborate on antibody-based BBB-crossing technology for CNS diseases
Gilead Sciences mobilises remdesivir donation to support Ebola response in Uganda
INOVIO's oartner ApolloBio reports positive topline results from Phase 3 trial of VGX-3100
Lilly declares Q2 2026 dividend
Collegium to acquire AZSTARYS from Corium Therapeutics
CVS Health announces quarterly dividend of USD0.665 per share