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Gerresheimer revenues up 6.7% in Q3

October 11, 2018 By Chris Newmarker

GerresheimerGerresheimer AG’s revenue grew 6.7% year-over-year during its third quarter — with adjusted earnings up 2% — as medical plastic systems continued to be a revenue growth driver, especially due to the company’s U.S. inhaler project.

“Our business is pulling ahead as expected: The third quarter went well. We are consequently confirming our revenue guidance for this year,” Rainer Beaujean, speaker of the company’s management board and CFO, said in a news release.

Beaujean also noted that the integration of the recently acquired Sensile Medical and its liquid drug delivery technology is proceeding fully to plan. “Its first product has gained European certification and is now being brought to market by the pharma company concerned.”

Get the full story on our sister site Medical Design & Outsourcing. 

Filed Under: Business/Financial News, Drug-Device Combinations, Wall Street Beat Tagged With: gerresheimer, sensilemedical

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About Chris Newmarker

Chris Newmarker is the executive editor of WTWH Media life science's news websites and publications including MassDevice, Medical Design & Outsourcing and more. A professional journalist of 18 years, he is a veteran of UBM (now Informa) and The Associated Press whose career has taken him from Ohio to Virginia, New Jersey and, most recently, Minnesota. He’s covered a wide variety of subjects, but his focus over the past decade has been business and technology. He holds bachelor’s degrees in journalism and political science from Ohio State University. Connect with him on LinkedIn or email at cnewmarker@wtwhmedia.com.

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