CSL Looks Beyond Organic Growth To External Innovation

CSL Ltd.'s sales grew 15% in its last fiscal year and are expected to grow about 8% in FY 2018, but the Australia-based company is looking beyond its plasma protein expertise to outside innovation to help boost future revenue.

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CSL Ltd. is not a typical biopharmaceutical company, given its plasma collection business and plasma-derived product expertise, but it has the same goal as many of its peers – to bring in more external innovation that augments the company's organic growth.

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