Elan posts encouraging results

Elan today reported its first-quarter 2009 financial results.

Elan today reported its first-quarter 2009 financial results.

The pharmacuetical firm announced a 14% increase in revenue to $245.1m (€189.3m) and Adjusted EBITDA losses reduced by 59% to $6m (€4.6m), compared to the first quarter of 2008.

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