Teva's 2nd-qtr 2010 profits leap 53%, boosted by strong US sales
Israeli generics giant Teva Pharmaceutical Industries posted a massive 53% leap in second-quarter 2010 net profit, excluding one-time items partly due to acquisition expenses, of $981 million, or $1.08 per diluted share. Net sales of $3.8 billion for the quarter of 2010, represented 12% year-on-year increase, fueled by organic growth.
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