Last checked at 19 Apr 2018 07:17
Hardman & Co Research Hardman & Co Research: Alliance Pharma (APH): Entering the US market 19-Apr-2018 / 07:15 GMT/BST Hardman & Co Research: Entering the US market Alliance Pharma (APH) is continuing with its buy-and-build strategy having evolved through 35 acquisitions over a period of 20 years into a profitable, cash-generative, specialty pharma business. The company has a mix of international growth brands -Kelo-cote and MacuShield - and a bedrock of solid local low-growth products. Full-year results supported the January trading statement, with strong sales of Kelo-cote and MacuShield underpinning EBITDA growth, and helping to generate strong underlying operational cashflow. The acquisition of Vamousse (third international growth brand) appears to be integrating well already and opens up the US market. Please click on the link below for the full report: http://hardmanandco.com/docs/default-source/company-docs/alliance-pharma-documents/19.04.18-entering-the-us-market.pdf
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