Elan's profits rise to £56.6m

Pretax profits at the Athlone based pharmaceutical development company, Elan Corporation, rose by 35 per cent from £42

Pretax profits at the Athlone based pharmaceutical development company, Elan Corporation, rose by 35 per cent from £42.1 million to £56.8 million in the year to March last.

Revenue jumped by 19 per cent from £118.9 million to £141.7 million, according to figures published yesterday.

  • Join The Irish Times on WhatsApp and stay up to date

  • Sign up to the Business Today newsletter for the latest new and commentary in your inbox

  • Listen to Inside Business podcast for a look at business and economics from an Irish perspective