CSL Vifor warns Tavneos exit from Europe will cut revenue by about 25%
read at Endpoints ↗RegulatoryNegative
CSL Vifor’s parent company CSL Limited said the withdrawal of the drug Tavneos from the European market creates a significant headwind for sales.
The company expects its revenue to fall by roughly a quarter in the upcoming fiscal period as a result of the pullback.
The development underscores the firm’s dependence on Tavneos in Europe and may force it to look for other growth avenues.
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This writeup was produced by pharmadog from original reporting by Endpoints.
Original headline: “CSL calls Tavneos withdrawal in Europe a 'significant headwind' for sales”
read at Endpoints ↗78 words · retrieved 3h ago
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