Babesiosis Market to Grow at a CAGR of 5% by 2021-2028: Analysed by Business Growth, Development Fac pharmiweb.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from pharmiweb.com Daily Mail and Mail on Sunday newspapers.
Taro Announces Resignation of Chief Financial Officer
Search jobs Taro Announces Resignation of Chief Financial Officer
HAWTHORNE, N.Y. (BUSINESS WIRE) Taro Pharmaceutical Industries Ltd. (NYSE: TARO) (“Taro” or the “Company”) announced today that it has accepted the resignation of its Chief Financial Officer, Daphne Huang, effective August 6, 2021. Ms. Huang is leaving the Company in order to pursue other opportunities.
Mr. Uday Baldota, Taro’s CEO, stated, “On behalf of the Company, I want to thank Daphne for her valuable contributions including her efforts over the past year during the COVID-19 pandemic. We wish her the best in her future endeavors.”
Sun Pharmaceutical Industries Ltd.’s quarterly profit fell by more than half as sales and other income declined, and its U.S. arm reported an operating loss. Consolidated net profit of the nation’s largest drugmaker fell 52% sequentially to Rs 894.15 crore in the quarter ended March, according to an exchange filing.
Taro: Fiscal Q4 Earnings Snapshot
May 19, 2021
FacebookTwitterEmail
HAIFA BAY, Israel (AP) Taro Pharmaceutical Industries Ltd. (TARO) on Wednesday reported a fiscal fourth-quarter loss of $29.8 million, after reporting a profit in the same period a year earlier.
The Haifa Bay, Israel-based company said it had a loss of 78 cents per share. Earnings, adjusted for non-recurring costs, were 81 cents per share.
The drug maker posted revenue of $148.3 million in the period.
For the year, the company reported a loss of $386.7 million, or $10.12 per share, swinging to a loss in the period. Revenue was reported as $549 million.
Taro shares have declined roughly 5% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $69.85, a rise of 3.5% in the last 12 months.