Forest Laboratories, Inc. (NYSE:FRX)
About Forest Laboratories, Inc. (NYSE:FRX) Forest Laboratories, Inc. (Forest) and its subsidiaries develop, manufacture and sell branded forms of ethical drug products. The Company’s United States products are marketed directly, or detailed, to physicians by its salesforces. It also focuses on the development and introduction of new products, including products developed in collaboration with licensing partners. The Company’s products include Lexapro, its SSRI for the treatment of major depression in adults and adolescents and GAD in adults; Namenda, its N-methyl-D-aspartate (NMDA) antagonist for the treatment of moderate and severe Alzheimer's disease; Bystolic, its beta-blocker for the treatment of hypertension, and Savella an serotonin and norepinephrine reuptake inhibitor (SNRI) for the management of fibromyalgia. The Company’s United Kingdom and Ireland subsidiaries sell both ethical products and over-the-counter preparations. Their products include Sudocrem, Colomycin, Infacol and Exorex.
Statistics Symbol
FRX
EPS:
2.55
Current Price
$32.35
Market Capitalization:
$9.34B
52 week range
$24.17- $34.17
Beta
0.72
Avg Volume
2.20M
P/E
12.83
Financials Forest Laboratories, Inc. (NYSE:FRX) produced total revenue of $1.08 billion on quarter ending September 09, 2010. Last quarter ending revenue was $1.06 billion which was slightly less than current quarter’s revenue. Moreover, net income and EPS have increased which is a good for the investors. The company’s cash flow from operation has increased up to $590.82 million as compared to last quarter ending of $357.50 million. Moreover, cash flow from financing activities has decreased which is an encouraging sign. Total assets of company mount up to $6.21 billion which are noticeably higher than last quarter ending of $5.94 billion. Current ratio has increased to 3.30 from 3.07 of last quarter ending. This shows that company is going to have fewer liquidity problems in future.
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