Tuesday, July 17, 2007

Forest Labs quarterly profit up 34 pct

(Reuters) - But sales of its flagship Lexapro anti-depressant failed to climb as much as some analysts expected, and the company did not raise its full-year forecast despite the better-than-expected quarterly performance.




Forest shares fell as much as 2.9 percent in morning trade but recovered some of that ground by early afternoon.


Read more at Reuters.com Business News

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