CORRECTED: Allergan third-quarter revenue rises 11.4 percent

Reuters 

(Corrects to add dropped word "profit" in paragraph two)

(Reuters) - Botox-maker Plc said on Wednesday its quarterly net sales rose 11.4 percent on higher demand for its medical aesthetics products.

Net loss attributable to shareholders was $4.03 billion, or $12.07 per share, in the third quarter ended Sept. 30, compared with a profit of $15.15 billion, or $38.58 per share, a year earlier.

The company said it took an impairment charge of $3.2 billion related to its dry-eye drug Restasis, as well as $1.3 billion in impairment charge related to Teva securities.

Net rose 11.4 percent to $4.03 billion.

(Reporting by Tamara Mathias in Bengaluru; Editing by Anil D'Silva)

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Wed, November 01 2017. 17:07 IST