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Table: Europe's negative numbers
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Monday, February 18, 2013
Aggregate European sales by 10 innovator pharmas fell
$10.1 billion (11%) in 2012 compared to 2011, while U.S. sales dropped $6.2
billion (5%). The U.S. falloff was driven by patent expirations for
large products at four companies. Three of the big pharmas actually saw
double-digit increases in U.S. sales, while only Novo Nordisk A/S (CSE:NVO;
NYSE:NVO) saw an uptick in Europe though the gain was modest at about $140
million (4%). The eight companies that break out emerging markets sales saw an
aggregate increase of $4.1 billion (6%). Although that helped
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