Author: Kevin Grogan

Record year for Shire but growth set to slow in 2015

Shire has posted very healthy revenues for the fourth quarter, up 19% to $1.58 billion and highlighted its strongest-ever pipeline. Operating income jumped 28% to $655 million, driven by the attention-deficit hyperactivity disorder drug Vyvanse (lisdexamfetamine dimesylate), sales of which climbed 16% to $383 million. Its off-patent predecessor Adderall XR (mixed amphetamine salts) was up 26% to $103 million, although another ADHD drug, Intuniv (guanfacine), sank 44% to $48 million (+20%) ahead of patent expiries in December.

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