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Home » News » Crisis: Reached absolute nadir of Schwarz Pharma

Crisis: Reached absolute nadir of Schwarz Pharma

Posted by: Elma Popec  |  Category: News  |  Views: 4

Monheim – the market price of Schwarz Pharma AG knew mostly one way – in the basement in the past few weeks. After termination of research management board Lars Ekman, the depression in the Monheimer pharmaceutical companies has reached its provisional climax according to a report of “Handelsblatt”. Not only the stock exchange, Deutsche Bank analysts also responded and said down from “Buy” to “Market Performer” Schwarz Pharma. “We will prove that the ship is not reduced,” stated CEO Patrick Schwarz Schütte. “The business has not suffered.” Will increase by four to five percent to over 1.4 billion mark Schwarz Pharma sales this year and the result will be 24 billion by 50 percent over the prior-year level, where extraordinary losses would have burdened the result strongly. In addition, Schwarz Pharma have nine projects “in the development pipeline”. (mfa)

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