Updated
CSL’s bullish earnings call dimmed by stumbles at new Vifor business
Michael SmithHealth editor
Updated
The country’s largest pharmaceutical company says it expects double-digit earnings growth for the next five years as its core blood products business surges.
But it spooked investors by warning the Swiss iron deficiency company it purchased only two years ago in a mega $17.8 billion deal had lost ground over the last six months.
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Michael Smith is the health editor for The Australian Financial Review. He is based in Sydney. Connect with Michael on Twitter. Email Michael at michael.smith@afr.com
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