Forest Labs 1st-qtr 2011 profit more than doubles
US drugmaker Forest Laboratories (NYSE: FRX) reported profit of $258.1 million and earnings per share of $0.90 in the first quarter of fiscal 2012. Net sales for the quarter increased 8.2% to $1.1 billion, from $1.0 billion in the year-ago period, up from $117.48 million or $0.39 per share in the prior-year quarter.
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