Shire's second-quarter product sales were hit as expected by a heavy decline in sales of its lead product Adderall XR, after Teva Pharmaceutical Industries launched a generic version in April.
Sales of Adderall XR (amphetamine mixed salts) slumped by 77% to $67.4 million, mainly because of a 48% decline in US prescriptions for the attention deficit hyperactivity disorder (ADHD) treatment....
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