Catalent (CTLT) Tops Q1 EPS by 1c

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Catalent, Inc. Reports First Quarter Fiscal Year 2017 Results

November 7, 2016 4:15 PM EST

Q1'17 revenue $442.2 million increased 5% as-reported, or 7% in constant currency from the prior year period. Acquired Pharmatek Laboratories, a West Coast, U.S.-based specialist in drug development and clinical manufacturing; adds extensive formulation and development capabilities. Triphase Accelerator has obtained worldwide rights to an oncology treatment developed using Catalent's proprietary SMARTag technology. Reached an agreement with Moderna Therapeutics to support near-term Good Manufacturing Practice (GMP) efforts for Phase 1/2 clinical studies for its personalized cancer vaccines.... More