Wrinkles

... Allergan Says '06 Sales May Exceed $2.81B - Examiner.com Monday, March 27, 2006 Politics Sports Entertainment Photos Business Technology Science Health Strange Autos Jobs Real Estate Classifieds Search Allergan Says '06 Sales May Exceed $2.81B PDF | Email By ALEX VEIGA, The Associated Press Mar 27, 2006 2:07 PM (52 mins ago) LOS ANGELES - Botox-maker Allergan Inc.

said Monday its 2006 sales would be between $2.81 billion and $2.95 billion, reflecting the biomedical company's recent acquisition of Inamed Corp.Irvine, Calif.-based Allergan maintained its previous guidance for full-year 2006 earnings per share of $3.56 to $3.62, including expected stock-option expenses of 20 cents per share.Analysts surveyed by Thomson Financial estimate full-year earnings per share of $3.56 on revenue of $2.76 billion.Allergan completed its $3.2 billion takeover of Inamed last week.

Inamed makes a range of "dermal filler" products used to smooth wrinkles that Allergan sees as a complement to its market-leading Botox antiwrinkle treatment.Inamed also makes saline and silicone breast implants.

Allergan intends to retain virtually all of Inamed's sales force, Allergan management said during a conference call with Wall Street analysts Monday.For the year, Allergan said its pharmaceutical sales would generate between $2.45 billion and $2.54 billion in sales, excluding the revenues from products acquired by its takeover of Inamed.The company pegged Botox sales between $870 million and $905 millio...

Read more...