Sun Loses Shine In Q1, Testing Times In US
Performance Not An Indicator Of Underlying Business Strength, Management Says
Executive Summary
Sun’s Q1 earnings were dented by provisions related to the generic pricing investigation settlement with the US Department of Justice of arm Taro, and the impact of pandemic-related lockdowns. Some clinic-administered products bore the brunt of lock-downs in parts of the US, though market share was unaffected.
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