Allvoices.com - Watson Pharma third-quarter net profit falls

Watson Pharma third-quarter net profit falls

Watson Pharmaceuticals Inc posted lower net income on Wednesday, as the generic drugmaker added spending to launch two brand-name medicines and saw lower revenue from its distribution unit. Net income fell to $63 million, or 55 cents per share, from $71.1 million, or 62 cents per share, a year earlier....

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