GlaxoSmithKline sees sales grow
One of the world's largest pharmaceutical companies has revealed that its total consumer healthcare sales rose by nine per cent in Europe and dwarfed the estimated one per cent growth.
GlaxoSmithKline (GSK) also saw 14 per cent growth for its pharmaceutical products and, with other big drug giants like Abbott and Roche reporting positive figures, people looking for sales jobs in the industry could be buoyed.
"Our sales growth is multi-sourced with good performances in our pharmaceuticals business, driven by vaccines, respiratory and dermatology products and in our consumer healthcare business," stated the company's chief executive, Andrew Witty.
Total sales for the pharmaceutical company reached £1.2 billion and the annual report revealed that brand innovations during the past three years represented 14 per cent of the sales.
The company added that it is on track to deliver annual cumulative cost savings of £2.2 billion by 2012.
Roche said that its oncology treatment, Avastin, had helped to spearhead its impressive sales figures, which saw a nine per cent rise in the first quarter of 2010.
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Posted by Wayne Bly
Filed: 29-04-2010
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