|
|
 | | | |
- close
- close
- close
- close
| |||||||||
This excerpt taken from the ELN 20-F filed Feb 28, 2007. (h) Divestments
Since the beginning of 2003 we have divested a number of
businesses, including principally our primary care franchise,
Frovatm,
Zonegran and our European sales and marketing business. The
divestment adjustments arise primarily as a result of the
negotiated terms of these divestments. For example, we have
entered into terms that would either extend or limit our
liability for discounts and allowances related to the divested
businesses. We have accordingly adjusted our discounts and
allowances accruals to reflect the terms of the agreements.
Divestment adjustments also include post-divestment revisions
resulting from the availability of additional information.
Divestment adjustments are recorded as part of the gain/(loss)
on sale of businesses, and not as an increase or decrease from
gross revenue.
Table of Contents
This excerpt taken from the ELN 20-F filed Mar 30, 2006. (h) Divestments
Since the beginning of 2003 we have divested a number of
businesses, including principally our primary care franchise,
Frovatm
(frovatriptan succinate), Zonegran and our European sales and
marketing business. The divestment adjustments arise primarily
as a result of the negotiated terms of these divestments. For
example, we have entered into terms that would either extend or
limit our liability for discounts and allowances related to the
divested businesses. We have accordingly adjusted our discounts
and allowances accruals to reflect the terms of the agreements.
Divestment adjustments also include post-divestment revisions
resulting from the availability of additional information.
Divestment adjustments are recorded as part of the gain/(loss)
on sale of businesses, and not as an increase or decrease from
gross revenue.
| EXCERPTS ON THIS PAGE:
RELATED TOPICS for ELN: |
| |||||||
