The Greek Deal.com
LAVIPHARM
Consolidated net profit up 248.8% in the first half of the year
Lavipharm Group's consolidated sales increased in the first half of 2024, the company said in a statement, with its consolidated net profit jumping 248.8% compared to the same period last year.
Earnings before ΕΒΙΤDA increased by 15.9%
In the first quarter of 2024, Lavipharm Group's total earnings before interest, taxes, depreciation, and amortization (EBITDA) increased by 15.9% to €2.85 million from €2.46 million in the same period in 2023.
Νew drug acquisition from Sanofi
Commercialization of the product by Lavipharm is expected to take place upon completion of the relevant marketing authorization transfer, during Q2 of 2024