Edition:
India

BB Biotech H1 Net Profit At CHF 554 Mln


Friday, 19 Jul 2019 

July 19 (Reuters) - BB BIOTECH AG ::CONSOLIDATION LEAVES A MARK ON RESULTS IN THE SECOND QUARTER.Q2 NET ASSET VALUE FELL 9.4% IN CHF AND 8.8% IN EUR, RESULTING IN A SECOND-QUARTER NET LOSS OF CHF 336 MN COMPARED TO A LOSS OF CHF 98 MN IN YEAR-AGO PERIOD.ANTICIPATES FURTHER PIPELINE PROGRESS.NET PROFIT FOR PERIOD ENDED JUNE 30, 2019 AMOUNTED TO CHF 554 MN (LOSS OF CHF 70 MN IN H1 2018). 

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