Bloomberg News

Pharmstandard Snaps Three Days of Losses as Sales Advance 33%

October 28, 2011

Oct. 28 (Bloomberg) -- OAO Pharmstandard climbed for the first day in four after the company said nine-month sales jumped 33 percent from a year earlier.

The shares rose 3.6 percent to 2,140.10 rubles as of 12:28 p.m. in Moscow.

The Russian drugmaker posted sales of 26 billion rubles ($873 million), according to a regulatory filing today.

To contact the editor responsible for this story: Alex Nicholson at anicholson6@bloomberg.net


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