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This excerpt taken from the ELN 6-K filed Mar 31, 2008. Product
Revenue from our EDT Business
Manufacturing revenue and royalties are as follows:
Manufacturing revenue and royalties from our EDT business
comprise revenue earned from products we manufacture for third
parties and royalties we earn principally on sales by third
parties of products that incorporate our technologies.
Manufacturing revenue and royalties increased 17% to
$269.0 million in 2007 from our 2006 sales level of
$230.2 million. The increase primarily reflects continued
growth across a number of products in our EDT portfolio and
increased manufacturing activity.
40 Elan
Corporation, plc 2007 Annual Report
Table of Contents
Financial Review
Except as noted above, no other single product accounted for
more than 10% of our manufacturing revenue and royalties in
either 2007 or 2006. In 2007, 47% of these revenues consisted of
royalties received on products that we do not manufacture,
compared to 44% in 2006.
Potential generic competitors have challenged the existing
patent protection for several of the products from which we earn
manufacturing revenue and royalties. We and our clients defend
our intellectual property rights vigorously. However, if these
challenges are successful, our manufacturing revenue and
royalties will be materially and adversely affected.
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