Express Pharma

Lonza’s full-year core EBITDA up 20.7 per cent on vaccine demand

Full-year core earnings before interest, tax, depreciation and amortisation (EBITDA) rose to 1.67 billion Swiss francs ($1.82 billion), up from 1.38 billion a year earlier

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Swiss drug contract manufacturer Lonza said core earnings gained 20.7 per cent in 2021, shored up by demand for the substances it supplies for new mRNA COVID-19 vaccines.

Full-year core earnings before interest, tax, depreciation and amortisation (EBITDA) rose to 1.67 billion Swiss francs ($1.82 billion), up from 1.38 billion a year earlier, it said in a statement yesterday.

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