|
LOS ANGELES (AP) - Allergan Inc., best known for the Botox wrinkle treatment, said Thursday its fourth-quarter profit increased 8 percent on the strength of higher pharmaceutical sales.
Net income grew to $122 million, or 90 cents per share, from $112.5 million, or 85 cents per share, a year ago. Excluding restructuring and other charges, the company reported adjusted earnings of $124.3 million, or 91 cents per share.
Revenue rose 7 percent to $594.9 million from $556.2 million in 2004, with pharmaceuticals sales up 11 percent. Eye-care sales rose 13 percent to $340.6 million from a year ago.
|
|